If you store individual products in multiple warehouses, iMIS Orders gives you the ability to record product inventory transfers from warehouse to warehouse.
Product inventory transfers may be necessary under a variety of circumstances. For example, a product's inventory at one warehouse may be insufficient to meet immediate customer demand. If another warehouse has excess inventory in stock, you may decide to transfer the excess inventory to the warehouse with insufficient inventory.
When product inventory transfers are posted, iMIS automatically updates and adjusts a product's inventory record for each warehouse involved in the transfer. As with all inventory transactions, manually posting inventory transfers is recommended. To post inventory transfers manually, disable the Automatically Post Inventory Receipts/Adjustments option on the Inventory System Setup window (from Orders, select Set up module, and click Inventory).
To record inventory transfers for a product stored in multiple warehouses, the Enable Multi-Warehouses option must be enabled on the Inventory System Setup window.
To enter inventory transfers
Transfers can be entered only for products that have an Active, Inactive, or Out of Production status. If you select a To Warehouse that is not already assigned to the product, iMIS automatically assigns the warehouse once you save the inventory transfer and adds it to the product's Warehouses window. Entering or editing a Bin value on the Enter and edit receipts and adjustments window updates a product's Warehouses window for that To Warehouse.
1. From Orders, select Manage inventory> Enter and edit receipts and adjustments to open the Enter and edit receipts and adjustments window.
2. Click New.
3. (optional) Enter the Date of the inventory transfer, or accept the default system date.
4. Enter an Invoice # for the inventory transfer.
5. Enter a brief Description of the product inventory transfer.
6. Enable the Transfer option. The From Warehouse, To Warehouse, and Bin (To Warehouse) fields display.
7. Enter the code of the Product that you are transferring (select the Find icon to look up a product code). Transfers can be entered only for products that have an Active, Inactive, or Out of Production status.
8. Press Tab. The product's From Warehouse, Bin ('From Warehouse'), Description, and Unit Cost display by default.
9. Enter the product's From Warehouse. This is the warehouse from which inventory is transferred. Select the Find icon to look up a warehouse, or accept the product's default warehouse.
10. Enter the 'From Warehouse' Bin, or accept the default bin.
11. Enter the product's To Warehouse. This is the warehouse to which inventory is transferred. Select the Find icon to look up a warehouse.
12. Enter the product's To Warehouse Bin if applicable.
13. (optional) Enter the product's Description, or accept the default product description.
14. Enter the Quantity of the inventory transfer. The quantity entered cannot be a negative value or exceed the From Warehouse's total available inventory.
15. Click Save.