Stock Transfer Note

Introduction

Movement of stock may need to be accompanied by an invoice in many countries. Stock transfer note fulfills this requirement. A stock transfer note provides information regarding the value of items being transferred and the taxes, charges and freight that are incurred.

Feature Highlights

Updates the value of “Stock in Transit” account by classifying taxes or charges or freight as “Added To Stock” and Expense account by classifying as “Expensed Off” at shipping point.
Record the “Added To Stock” and “Expensed Off” freight for the stock transfer at shipping point.
The transfer price for the items is calculated by including the proportionate amount of “Added To Stock” taxes, charges and freight incurred to the unit cost.
Automatically generate and authorize stock transfer note on shipping the pack slip.

List of Activities

Go to Activity…	For…
Create Stock Transfer Note	Generating a stock transfer note for a given pack slip number.
Edit Stock Transfer Note	Modifying the details of the stock transfer note if necessary.
View Stock Transfer Note	Viewing the details of the selected stock transfer note.
Reverse Stock Transfer Note	Reversing an authorized stock transfer note.
Authorize Stock Transfer Note	Authorizing the details of the selected stock transfer note.
Hold/Release Stock Transfer Note	Temporarily hold back the “Authorized” or “Fresh” STN from dispatch and release the “Held” STN.
Set System Parameters	Setting the system parameters for the component.
View System Parameters	Viewing the system parameters for the component.