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notes: In this tutorial we look at Stock Transfers, and of the available
methods for Stock Transfers, we look at the Immediate Method.
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notes: The included Help box explains the difference between the 3 methods
for Stock Transfers.
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notes:
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notes: The immediate method that we will use now will update the Stock
Transfer immediately the moment we post the Transfer.
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notes: The Stock Transfer Journal, like other Journals, has a Transaction
date, a Batch Number when Batch Numbers are in use for this User, a
Financial Period, etc.
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notes:
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notes:
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notes:
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notes:
Slide 10
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notes: The Transferring Stock Code and Store is the origin of the Stock
that is being transferred.
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notes:
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notes:
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notes:
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notes:
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notes:
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notes: The Stock Code and Store Receiving is where the Stock is going. We
may note here that this method allows Items of the same Stock Code to be
transferred to another Store, or to a different Stock Item in the same
Store or in another Store.
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notes:
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notes:
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notes:
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notes:
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notes:
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notes:
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notes:
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notes:
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notes:
Slide 26
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notes: Now notice that the Quantity being transferred is only 5, yet the
receiving quantity is 5,000, and why is that? Simply because the
Transferring Stock Code manages Fuel as Kilo Liters whereas the Receiving
Stock Code manages Fuel as Liters. So in fact our example is that of
transferring from a Stock Item to a DIFFERENT Stock Item in the same Store.
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notes: The moment we choose POST the update is performed.
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notes:
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notes: Now, if we look at the Receiving Stock Code, we can see a quantity
of 5,000 in the Main Store. That is the quantity we have just transferred.
Slide 30
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notes: And if we drill into this Transaction, we can see the detail, and
notice here the quantity of 5,000 again.
Slide 31
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notes: Then, if we should drill into the Transaction for the Transferring
Stock Item, we should see a different Quantity, i.e. 5.
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notes:
Slide 33
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notes: And here it is.
Slide 34
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notes: So that is an example of performing a Stock Transfer with the
'immediate' method.