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 |