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Invoiced Transfer Order Shipments
Invoiced Transfer Order Shipments
The following accounting transactions will be generated when a transfer order shipment is invoiced:
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1
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unit shipped from company/warehouse A to company/warehouse B
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75.0000000
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standard cost at company/warehouse A
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100.0000000
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transfer price at company/warehouse A
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|
|
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Journal Entries for Company/Warehouse A:
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DR
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Cost of Goods Sold
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75.00
|
|
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CR Inventory
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75.00
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Journal Entries for Company/Warehouse B:
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DR
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In-Transit Inventory
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100.00
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|
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CR Accrued Transfers
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100.00
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