Mask
Activating the outwards form transfers the stock to either the requesting warehouse or the In Transit warehouse if used. Any additional costs are not posted until the goods are received in from the In Transit warehouse.
Example
| Ordered Ex GST Total | |
|---|---|
| Part A - Physical | 300.00 |
| Part A - Physical - actual cost of stock transferred | 365.00 |
Journal
| Ledger | Warehouse Mask |
Debit | Credit |
|---|---|---|---|
| Expected Asset - Part A (Qty Ordered * Ex Price) - Reversal of purchase order |
|
300.00 | |
| Expected Liability - Part A (Qty Ordered * Ex Price)- Reversal of purchase order |
|
300.00 | |
| Inventory Value - Part A (Qty Transferred * Cost of item) |
|
365.00 | |
| Inventory Value - Part A (Qty Transferred * Cost of item) |
|
365.00 |
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