External Transfer Company Codes

Refer to Inventory Transfer to External Branch for a detailed explanation of this feature.

Each Branch or store will use a separate company code and a separate G/L Account.
The prompts to set up the codes are:

CODE

Enter the 3 character company code for the Branch.
e.g. RST - RENT SHOP TORONTO, RSV - RENT SHOP VANCOUVER

Note: This company code is only used for tracking transfers within this company and though it would be helpful in matching transfer records it does not need to match any actual company code.

COMPANY NAME

Enter the branch or store name.
e.g. RENT SHOP TORONTO

ACCOUNT #

Enter the Inventory Clearing G/L Account for inter-company inventory transfers and receipts for this Company Code, or look for it in the G/L Account Search window.
Each branch should have its own G/L Account usually setup as a liability type account.

DESCRIPTION

The G/L Account description will display.

Finished?

Click ACCEPT twice to exit.

Note: A Company Code can be deleted even though there are transfer records associated.