Re: Inv transfer Question.

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Newsgroups gmane.comp.systems.as400.mapics
Message-ID <[email protected]>
If you are doing seperate sites you could do a PO and CO, though certainly
more work than just issuing IW/RW transactions.

>
> Hey Group,
>
> I have an account that has 2 physical plants.   They transfer some
> component items from one to another.  The issue is they would like to
> apply a different cost to the component at the receiving facility to
> include the freight cost.
> We are discussing setting up 2 Sites (EPDM).
>
> The question is we transfer the inventory from one to another,  we do not
> sell it.  example: if the cost is 1.00 at the production location, Plant A
> and 1.25 at the receiving location, Plant B. (Std Cost).
>
> When we transfer the component we can credit Plant A's inventory for 1.00
> and debit intransit for 1.00.  (IW).   What do we do when we receive at
> plant B? The inventory will be received at 1.25  (RW).
>
> We could debit the Inv account - plant B, and credit another intransit -
> in for the 1.25.   But how do we clear the delta at the end of the month
> between the two intransit accounts?  (.25)
>
>  I think we would need to clear these two accounts with a journal entry
> and the delta hit an Inventory adjustment account.  (add up IWs against
> RWs).
>
> Any other thoughts?
>
> Gathering info.
>
> Thanks,
>
> Jeff
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