Glossary
Stock transfer
A stock transfer moves a quantity of an item from one branch or store to another without a sale, lowering the first and raising the second.
What it means for a shop owner
It is neither a sale nor a purchase, so the company total stock value does not change. Record it on both sides, or one place shows a loss and the other a made-up gain. Check the count on arrival.
A worked example
You transfer 30 boxes from the main branch to the city branch. Main drops from 100 to 70 and the city branch rises from 10 to 40.
Related
Try it in your shop, free, no card.
The free plan: the whole shop for one branch, an offline cashier with stock, debts and accounting, with a daily limit on invoices, expenses and purchase orders. What it includes