Example: Warehouse to Warehouse, Same Cost
This topic provides an example of transfer order costing.
| 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$ |
SHIP:IC DIST JOURNAL ENTRIES
Current logic does not create journal records if amounts are equal or accounts are equal. If receiving side is standard cost populate split-wip, otherwise all goes to material.
| 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
If receiving side is standard cost populate split-wip, otherwise all goes to material.
| 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 |