Inventory transfers, Std Costing, not appearing on GL inventory balance by location

Legacy Contributor

While working to balance manufacturing inventory by location to financial inventory by location it appears transfers between locations are not reflected in the GL inventory balance reports.

Standard costing is used and the transfers are between warehouses.

If transfers should be recorded in the GL reports (keep in mind there is no $$ impact), then there must be a configuration/process flaw at this end.

If transfers are not recorded in GL inventory balance reports then what is the proper procedure, e.g. adjust out and back in?

Legacy Contributor

We were adj in and out and that was a mistake. They system requires you to put in the value of the part you are adjusting in. It does not pull from the standard cost. So you end up with under valued inventory and a MESS. Why would you want a G/L transaction? Are you trying to keep your inventory by warehouse in a different G/L ? We do seperate our inventory by supplier, but that is set up in the product code.