Transferring Inventory
When tracking inventory using the Multi-Location Inventory feature, you can record any move of inventory between locations. Choose from the three ways described below to record your inventory transfers.
Basic Inventory Transfers
One Step Item Transfer
An inventory transfer decreases items in the source location and increases them in the receiving location, all in one step. Use the Transfer Inventory form to post information regarding changes in inventory levels for each item in each location.
For details about inventory transfers, read Basic Inventory Transfers.
Transfer Orders
Multiple Step Item Transfer
Use transfer orders to schedule and track the individual steps of your inventory transfer process. Transfer orders are different than basic inventory transfers because you can track each stage of the transfer process and manage items that are moved from one location to another over a period of time.
A transfer order is entered to schedule the movement of items and can go through an approval process. Approved transfers are then fulfilled out of the source location and you know when the items are in transit. Finally, the destination location receives the items and the items are counted in that location's inventory.
For details on transfer orders, read Inventory Transfer Orders.
Intercompany Transfer Orders
Transfer Between Companies
In a NetSuite OneWorld account, use an intercompany transfer order to move inventory between subsidiary locations within your company.
For details on intercompany transfer orders, read Intercompany Inventory Transfers - Non-Arm's Length.
Related Topics
- Multi-Location Inventory
- Inventory Transfer Orders
- Transfer Order Preferences
- Entering a Transfer Order
- Approving Transfer Orders
- Fulfilling Transfer Orders
- Pick, Pack, and Ship with Transfer Orders
- Receiving Transfer Orders
- Intercompany Inventory Transfers - Non-Arm's Length
- Closing Transfer Orders
- Inventory Replenishment and Withdrawal