How to enter a quick transfer adjustment

1. Access this program by choosing Inventory Control -->Warehouse Transfers -->Quick Transfer Adjustment.

2. In the From Warehouse field, enter the warehouse FROM which the item was transferred. Press Enter (CR) to default to the warehouse assigned to the terminal.

3. In the To Warehouse field, enter the warehouse TO which the item was transferred.

4. In the Item field, enter the item number to transfer.

If the item does not update inventory (as set by the IC Control flag), the system displays the following message: "This is an uninventoried item. Cannot Transfer. CR-Continue".

If the item is inventoried, but does not exist in the specified warehouse, the system displays the following message: "Item must be in the ‘from’ warehouse. CR-Continue".

5. (Optional) For serial/lot items, enter the serial/lot number in the Serial/Lot Number field.

If this item is not a serial/lot item this field is skipped. Enter the. Press F2 to search.

You now have the ability to cost serial and lot items by the system cost (costing method for the module). The feature provides for GAAP compliance. For the FACTS SO, IC and MC modules, you can decide if the cost for serial and lot items will be averaged actual (as it has always operated in the past) or system cost (costing method for the module). The default setting for each Static Control F/M is A-Averaged Actual (same behavior as they have before the monthly is applied). Users who want to take advantage of this change will need to change the option to S-System Cost for each of the applicable modules. The net result of selecting S-System Cost is that serial/lot items will be costed like non-serial/lot items. The results of this program are affected by this selection.

6. In the Transfer Quantity field, enter the quantity to transfer (per stocking unit of measure). If you set up multiple units of measure on the Item F/M screen for the item entered, you can press F2 to change the unit of measure.

7. In the Transfer Memo field, enter the optional memo regarding the adjustment (up to 25 characters). This memo overrides the warehouse transfer code description which prints on the Adjustment Register. Press Enter (CR) to default to no memo and the warehouse transfer code prints on the register. Press F2 to default to the memo previously used.

8. At the Ok to update? prompt, enter Y or N whether to record the transfer and update the on hand quantities. Press Enter (CR) to default to Y.

9. After the system updates the transfer, it clears the user fields for this transaction and scrolls to the bottom portion of the screen. The program returns to the item field #3 to await further transfers for the displayed warehouses.

10. You can:

enter more items, or press Stop to exit item entry and access the To warehouse field.

restart line item entry, by pressing Add.

change to warehouses and continue entering items or press F4 again or the Exit button to exit.

See Also

Quick Transfer Adjustment