Stock - Transfer
Menu Selection: Document - Stock - Transfer
Purpose
This document allows the user to transfer stock from one branch to another. The stock is transferred immediately.
Prerequisites
You must be using the multi company/branch features in LILAC. There must be product master records established in the database via the Stock - Account document.
Context
This document allows the user to transfer stock from the current company/branch, to another company/branch immediately. If the product does not exist in the receiving company/branch, the Product Master Record will be created.
About This Screen
| Head of the Document | ||
| Field | Enterable? | Instructions |
| Period | No | Displays the signed on period for the current user. |
| Prefix | No | Displays the Stock Transfer key (STR). |
| Computer | No | '00' to '99' |
| Day | Yes | Type in the day (or click the right mouse button) and select the key from the list. |
| Value | No | Displays the total value for this transfer. |
| Ledger | No | Displays the Ledger where the balancing entries will be made. |
| Main | No | Displays the Account where the balancing entries will be made. |
| Date | Yes | Type in the date of the transfer. |
| Ref | Yes | Type in a reference number for this transfer. |
| Description | Yes | Type in a description of this transfer. |
Lines of the Document |
||
| Field | Enterable? | Instructions |
| Quantity | Yes | Type in the quantity of stock for this item to be transferred. |
| Main | Yes | " " |
| Branch | Yes | Type in the company/branch (or click the right mouse button) and select the key from the list. This is where the stock will be transferred to. |
| Bin | Yes | Type in the physical location of the stock. This should not need to be changed, as the details should have automatically been retrieved from the Product Master Record. |
| Description | Yes | Type in the description of the stock. This should not need to be changed, as the details should have automatically been retrieved from the Product Master Record. |
| Standard Cost | Yes | Type in the standard cost of the stock. This should not need to be changed, as the details should have automatically been retrieved from the Product Master Record. |
| Value | No | Displays the value of this line. This will be the amount posted. This field is equal to Quantity multiplied by the Standard Cost. |
| Posted | No | Displays the value already processed. This field is updated when the user clicks the Apply button. |
Transaction Processing
| Button | Description |
| Apply | Clicking the Apply button will transfer the stock from the current company/branch into the destination company/branch. |
From Here
Once the stock has been transferred, you can now sell the stock from the subsidiary company/branch that the stock was transferred to.