A step by step guide to cross-location Inventory Transfer in NetSuite

The “cross-location inventory transfer” refers to the process of moving inventory items from one location to another within the NetSuite system. It allows you to manage and track the movement of inventory between different physical or virtual locations within your organization.

Here’s a step-by-step guide to performing a cross-location inventory transfer in NetSuite:

1.Start by logging into your NetSuite account and navigating to the “Transactions” menu.

2.From the Transactions menu, select “Inventory” and then click on “Transfer Inventory.”

3.In the Transfer Inventory page, choose the “Transfer Type” as “Transfer Order”, “Basic Inventory Transfer” or “Intercompany Transfer Orders” depending on your specific requirements.

4.Next, select the “From Location” and “To Location” for the transfer. These locations represent the source and destination of the inventory.

5.Now, you can add the items you want to transfer. Click on the “Add Items” button and search for the items you wish to transfer. Enter the quantity to be transferred for each item.

6.Optionally, you can specify the “Preferred Vendor” for the items being transferred.

7.Once you have added all the items, review the details and make any necessary adjustments.

8.If needed, you can also add additional information such as memo or custom fields to provide more context to the transfer.

9.Finally, click on the “Save” or “Save and Approve” button to complete the inventory transfer.

That’s it! You have successfully performed a cross-location inventory transfer in NetSuite. Remember to review the transfer order or inventory transfer to ensure accuracy and completeness.

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