Stock transfers allow businesses to move inventory between different locations, such as warehouses or stores, with ease. This process ensures that stock levels are accurately updated across all locations, helping maintain optimal inventory balance and preventing stockouts or overstocking.
Note: Creating a stock transfer is only possible if you have multiple locations.
Create a stock transfer (add items individually)
Stock transfers can be created manually by clicking on the global '+' sign and selecting + Stock transfer or by going to the Stock screen > Stock transfers tab > clicking + Stock transfer.
Create a stock transfer (add items in bulk)
To make your life a bit easier, you can also head to the Stock screen > Inventory tab and select all of the items you want to transfer and choose the Transfer stock button.
After clicking Transfer stock, you'll need to choose which destination the items are going to.
Stock transfer fields
Stock transfer # (required) - An auto-generated identifier for the stock transfer (example: ST-1, ST-2).
Origin - The location where you're transferring the items from. A stock transfer decreases the in stock quantity of items at this location.
Destination - The location where you want to transfer the items to. A stock transfer increases the in stock quantity for the items at this location.
Transfer date - The date the items are transferred from one location to another.
Item (required) - Select an existing product or material variant that you want to transfer to another location.
Quantity (required) - The quantity that you want to transfer from one location to another for the selected item. You can only enter positive numbers that will decrease the in stock amount at the origin location and increase at the destination location. The unit of measure for the item can be edited on the product or material card.
Current in stock at origin - The current in stock quantity for the item at the origin location. If you entered the quantity to transfer, it will display the stock level after the transfer.
Current in stock at destination - The current in stock quantity for the item at the Destination Location. If you entered the quantity to transfer, it will display the stock level after the transfer.
Note: If the quantity you are transferring is larger than the in Stock quantity for the item at the Origin Location, the in stock quantity at the origin location will become negative.
Cost per unit - Displays the average cost of the item per unit in the inventory at the origin Location. Cannot be manually changed on a stock transfer card.
Transfer value - Displays the total value of the transferred items for each row. Calculated as quantity x cost per unit. Cannot be manually changed.
Your feedback is invaluable. Let us know your thoughts on this article or anything in Katana you'd like to see improved: [email protected]