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Transfer Order - Transfer Type feature only available for Indian legal entities. We would like to see this feature across other regions

Category: Inventory
STATUS DETAILS
New

Comments

M

You can use transfer orders to process inventory transfers between warehouses. In India, if the shipping and receiving branches of the organization have different tax registration numbers, the India Goods and Services Tax (GST) should be calculated and posted for the transfer order. The tax base may be defined as the current cost price of the item being transferred or a special transfer price. The tax amount should be posted as GST payable for the transfer shipment and as GST recoverable upon the transfer receipt. An Interim transit account is used as an offset account for the posting and is nullified when the transfer order is fully received.The Stock transfer functionality that is available for India supports this process.

Category: Inventory