Transfers Form

Sage ERP Accpac Inventory Control 6.0

$image\field_bt.gif$ Transfers Form

Use this form to:

Enter and post stock transfers between physical inventory locations if you store items at more than one location.
Import transfer transactions from other Sage ERP Accpac databases or from non-Sage ERP Accpac programs.
Export transfer transactions.
Assign serial and/or lot numbers if you have the Serialized Inventory and Lot Tracking license installed.

Types of transfers

Inventory Control provides two main ways to transfer goods between locations:

Directly (and immediately) to the destination location.
Via a goods-in-transit location to the destination location, specifying a transfer number to track the shipment.

When you ship via a goods-in-transit location, all goods must be separately received at the destination location. Goods can travel on different trucks and be received in separate lots.

Multicurrency ledgers

If you have a multicurrency system, you enter costs in functional currency.

To enter transfers

Double-click the Transfers icon in the Inventory Control folder.
Press the Tab key to start a new transfer and accept the program-assigned number (or click the New button if you have already entered or looked up a transaction).
Choose the type of transfer transaction you are entering.

Transfer. Lets you move goods directly and instantly between two locations—without using a goods-in-transit location.
Transit Transfer. Lets you move goods from one location into transit.
Transit Receipt. Lets you receive goods currently in transit at the destination location.

Enter the transfer number from a previously entered transit transfer if you are receiving the goods at a destination location or if you are adding to the goods being moved into transit.

Type over the Document Date if you want to change it (or click the Calendar button to select a new date). Inventory Control automatically displays the session date.
To change the year or period, type over the default entries or select a new one from the dropdown list. This is the year and fiscal period to which the general ledger transaction will be posted, no matter what date you enter.
Enter an expected arrival date for the goods you are transferring.
If necessary, enter an additional cost amount.

If you have entered an additional cost amount, select a proration method.

Enter a description and reference for the transaction.
Add the detail lines, specifying for each the item number, from and to locations, quantity transferred, and unit of measure. If you have selected the manual proration option, enter an amount in the manual proration field. When transferring items that use the user-specified costing method, type the unit cost and extended cost.
If required, assign serial and/or lot numbers for applicable items after entering a quantity.
Enter any comments you want to add.
Click Save or Post.

After using

Run Day End Processing to update Inventory Control's audit data, costing data (if you perform costing during Day End Processing), and item statistics after posting transfers.
Print the Transfers Posting Journal to check the transfer transactions you posted.

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