Transaction types
Transaction types represent how items are moved and how cost is handled.
This table shows the transaction types:
Transaction Type | Definition |
---|---|
Issue | The movement of items from a stock or inventory location to a non-stock location. An issue transaction charges the requesting location for the requested items. |
Direct Transfer | The movement of items from one stock location to another that requires less than one day for delivery. Stock-on-hand quantities are updated after the items are picked and the shipment is released. |
Intransit Transfer | The movement of items from one stock location to another that requires more than one day for delivery. Stock-on-hand quantities are decreased at the From location immediately after the items are picked and the shipment is released. The requesting location must enter item receipts in Inventory Control to update its stock-on-hand quantities. |