Example: Warehouse To Warehouse, Different Cost
The tables in this topic illustrate a warehouse-to-warehouse transfer with
different costs.
| From | To | |
|---|---|---|
| Entity: | 1 | 1 |
| Site: | Cols Columbus | Cols Columbus |
| Whse: | Main | Dist |
| Loc: | Raw1 | InspA |
| Cost: | $1.10 | $1.00 |
| Item uses Specific Costing.
Main/Raw1 cost is $1.10. Dist/InspA current cost is $1.00. Material would be received into Dist/InspA at $1.10. Inventory would receive DB for (qty-on-hand * $.10) with Inventory Adjustment receiving CR for the offset. |
| Price: | ||
|---|---|---|
| Profit: | ||
| FOB: | Cols. Determines which warehouse transit location. | |
| Currency: | US$ | US$ |
RECEIVE:IC DIST JOURNAL ENTRIES
| Entity/Site/Whse/Loc | Account | DR | CR |
|---|---|---|---|
| 1/Cols/Dist/Transit | Inv-Matl | .60 | |
| 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 | .60 | |
| 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 |