Moving inventory to a different location

Question

I am looking for suggestions on how to manage Inventory in a second (physical) location. My client holds stock in Melbourne. They are about to send some of this stock to a warehouse in Adelaide which will be sold to South Australian customers only. I am trying to work out the best way to manage this. Here are some thoughts I had - I would be interested to hear other peoples suggestions.

- should I set up a new inventory item for the wine that is specifically for Adelaide and then do an inventory journal to reflect the movement?

- I could use the categories function when selling the items which would keep a clear record of the SA sales but I don't think this will help with Inventory

- Is there an option to hold Inventory at two different locations within MYOB Account Right?

Maybe I should just stick to a spreadsheet!?

Any suggestions gratefully received. Thank you!

mike_james · Answer

Hi SherylMack&nbsp;, my suggestion for stock movements is to create a supplier called Stock Transfers, and record purchases with 2 lines, one to receive (+) and another to send (-), the net amount being zero.&nbsp;&nbsp;If you want to account for delays in transit, receive to a Transit location. More effort but reflects reality.

gavin12345 · Answer

Hi&nbsp;SherylMack&nbsp;&nbsp;Personally I think your first suggestion is the most practical. If you have a Premier subscription, you can specify multiple locations. However once you activate this, then for EVERY transaction you need to specify which location you are using - this can be a pain as it is an extra step for EVERY item purchased or sold. Also Premier lacks an Item Movement report, so there is no visible history to track item movements between locations.&nbsp;RegardsGavin

sherylmack · Answer

Thanks for that Gavin - that's a shame that there is no way to record movement between locations!&nbsp;

sherylmack · Answer

Thanks Mike - I had been thinking of setting up a Supplier Card for the interstate location.Kind regards&nbsp;

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Moving inventory to a different location

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