Example: Warehouse To Warehouse, Same Cost

The tables in this topic illustrate a warehouse-to-warehouse transfer with the same cost.
  From To
Entity: 1 1
Site: Cols Columbus Cols Columbus
Whse: Main Dist
Loc: Raw1 InspA
Cost: $1.00 $1.00
Price:    
Profit:    
FOB: Cols. Determines which warehouse transit location.  
Currency: US$ US$
Note: The transfer process does not create journal entries if amounts or accounts are equal. Also, if items use standard cost on the receiving side, amounts are retained in separate cost buckets, as shown below. If items use actual cost, then all costs would be rolled into the material cost bucket.

SHIP:IC DIST JOURNAL ENTRIES

Entity/Site/Whse/Loc Account DR CR
1/Cols/Main/Raw1 Inv-Matl   .50
1/Cols/Main/Raw Inv-Labr   .15
1/Cols/Main/Raw1 Inv-FOvhd   .20
1/Cols/Main/Raw1 Inv-VOvhd   .15
1/Cols/Main/Raw1 Inv-Out   .00
       
1/Cols/Dist/Transit Inv-Matl   .50
1/Cols/Dist/Transit Inv-Labr   .15
1/Cols/Dist/Transit Inv-FOvhd   .20
1/Cols/Dist/Transit Inv-VOvhd   .15
1/Cols/Dist/Transit Inv-Out   .00

RECEIVE:IC DIST JOURNAL ENTRIES

Entity/Site/Whse/Loc Account DR CR
1/Cols/Dist/Transit Inv-Matl   .50
1/Cols/Dist/Transit Inv-Labr   .15
1/Cols/Dist/Transit Inv-FOvhd   .20
1/Cols/Dist/Transit Inv-VOvhd   .15
1/Cols/Dist/Transit Inv-Out   .00
       
1/Cols/Dist/InspA Inv-Matl   .50
1/Cols/Dist/InspA Inv-Labr   .15
1/Cols/Dist/InspA Inv-FOvhd   .20
1/Cols/Dist/InspA Inv-VOvhd   .15
1/Cols/Dist/InspA Inv-Out   .00