Transfer Inventory Transaction

Explanation

This activity is used to transfer inventory transactions and refinement transactions that fulfill the transfer conditions specified in IFS Financials and have not been previously transferred.  

The Default feature enables you to use the default settings. Default settings are derived from the Database Tasks window set by the administrator. 

Note: The amount on the inventory transaction is rounded to the number of decimals set up for the currency code of the accounting currency. If the amount is rounded to zero, no postings will be created for the inventory transaction and hence no vouchers lines will be created for those transactions.

Prerequisites

There are no particular prerequisites.

System Effects

• Inventory and refinement transactions that fulfill the transfer conditions specified and have not been previously transferred, will be transferred to IFS Financials. Vouchers will be created in the general ledger. 
• If you have scheduled the task as a background job, the task will be automatically performed based on specified selection criteria. 

Window

Transfer Inventory Transaction

Related Window Descriptions

Transfer Inventory Transaction

Procedure

You can either transfer inventory transactions directly (procedure A), or schedule the task as a background job (procedure B).

A. To transfer inventory transactions directly:

1. Open the Transfer Inventory Transaction dialog box. 
2. Enter a new date or use the existing date in the To Date field.
3. Enter a value in the Site field, or click List to select a value from the List of Values. 
4. If all the necessary selection criteria have been defined, click OK to complete the operation.

Note: Click Default if you want to use the default settings.  

B. To schedule the transfer inventory transactions task as a background job:

1. Click Schedule to open the New Database Task Schedule window. Set the scheduling parameters as desired and save. Scheduled tasks can be seen in Scheduled Database Tasks window.