Overview:
The Material Transfer window allows you to update inventory records for a transfer of materials from one location to another. A location can be a warehouse location, account, job, or fixed asset.
When you transfer inventory from one destination to another, PENTA does the following:
- Backs out the tax associated with the transferred inventory using the tax jurisdictions/tax rates for the “From” location.
- Calculates the tax associated with the transferred inventory using the tax jurisdictions/tax rates for the “To” location.
Benefits:
- Track unused materials on Jobs or Work Orders and give Job Cost Credit
Roles:
- Warehouse Manager
- Project Controller
Additional Content
Location:
- Inventory > Warehouse Transactions > Material Transfer
Video: