New Location Transfers
Location Transfer is used to ship items from one location to another location as part of your standard inventory management. But its connected with machines and plant equipment's. Of course the transfer is simply marked here. its available for transferrable fixed assets. we are not validating the type of the fixed asset to prevent not tangible items to transfer. So go with transfers based on your assets.
And also we are not adding the additional cost of transferring Fixed assets here. So that has to be done in separate journal entry for the expense tracking.
To create a new Location Transfer, go to Fixed Assets > New > Location Transfers
Location Transfers
Popup window appear on the screen.Select From Location and To Location and Date and Reference.In Items section, Select Item Description and select Exp Date.Click Add Item button to add the new Item.
In Memo text area, Type your information about Location Transfers.Finally, Click the Process Transfer button to process the transfer.