Activity Transfer to Standard Inventory 

Explanation

This activity is used to transfer inventory parts from project inventory to standard inventory.
This may be, for example, when a project has excess material that can be used as standard inventory, or when you do not know which other projects will require the part. This could also be performed before closing the project, when the project is completed.

This activity also provides for the creation and printing of new bar codes. Changes in the project belonging of inventory parts will affect how the parts are identified using barcodes.

You can enter notes, that will be saved on the resulting inventory transactions.

Prerequisites

• You must select the appropriate lines with parts in project inventory.
• The parts to be transferred cannot be in transit, reserved, or frozen for counting.
• The selected line cannot be in an inventory location of type Arrival or Quality assurance.

System Effects

• The parts will be transferred from project inventory to standard inventory. 
• The quantity of stocks on hand in project inventory will be reduced and those in standard inventory will be increased. This will be displayed in the windows that show inventory on-hand information such as the Inventory Part In Stock window.
• If you select the Print Barcodes check box, the standard report for printing barcodes for the selected parts will be created.
• If notes are entered, they will be saved on each of the inventory transactions that are created.

Window

Inventory Part In Stock

Related Window Descriptions

Inventory Part in Stock

Procedure

1. From the Inventory Part In Stock window, populate or query for the parts in question.
2. To transfer the parts to standard inventory, select the appropriate lines with the parts in project inventory (i.e., the lines displaying project information), and right-click and then click Transfer to Standard Inventory.
3. The Transfer to Standard Inventory dialog box opens with the project inventory records that you selected.
4. The Qty to Transfer field will initially show the total quantity of the parts on-hand by default. You can adjust this value to transfer any quantity less than or equal to the total quantity of the parts on-hand.
5. Optionally, you can enter a note text, or select the Print Barcodes check box if new bar codes are to be created.
6. Click OK to transfer the parts to standard inventory.