Can you change the item cost when transferring inventory across warehouses (locations)?
If we want to transfer inventory from Warehouse A to Warehouse B – but say we want to charge Warehouse B – how can we assign cost during the inventory transfer?
For example – say Warehouse B (perhaps a subsidiary, another branch) needs some of the items that Warehouse A has. So we offer to give Warehouse B our stock, but would like to make some sort of margin on it as we are doing them a favor.
Basically this transaction, but add a cost/up-charge:
When making the item transfer order, ensure that the ‘Use Item Cost as Transfer Cost’ checkbox is NOT checked.
Use a Transfer Price defined at the Item so it carries to the Transfer Order (or IC Transfer Order) or override the Amount on the Transfer Order
From the Help for the Check Box ‘Use Item Cost as Transfer Cost’ :
|Check this box to use the transfer price as a declared shipping value for reference only. For example, for insurance or international shipping.
Clear this box to use the transfer price shown on the transfer order as the item cost on the item receipt.
If you use approval routing, this setting can be changed on a transfer order as long as the transfer order is not yet approved. Once the transfer order is approved, this setting cannot be changed.