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 |