Query
Is there a way to automatically set the transfer cost with a % of margin? I do not remember where I saw this on a preference.
Solution
re you referring to an Intercompany Preference called Transfer Price Method + Mark up rate? This is applicable for Cross-Subsidiary Fulfillment 🙂 This can be found via Set Up > Accounting > Accounting Preferences.
There are two ways to set up Transfer Price:
On Item Record Level (Default)
1. Go to the item record
2. Under Purchasing/Inventory tab> Inventory Management> Fill out Transfer Price field
3. Click Save*
*The Transfer Price field defaults to show the value in the Transfer Price field on the item record.
On Intercompany Transfer Order page (Manual input)
1. Navigate to Transactions> Inventory> Enter Intercompany Transfer Order
2. Select the appropriate Subsidiary
3. Select desired To and From Location
4. On the Item line, select the item to transfer, manually type in Transfer Price on the Transfer Price field*
5. Click Add
6. Click Save
Additional notes:
1. The use of the value entered in the Transfer Price field depends on your setting for the Use Item Cost as Transfer Cost preference. This field defaults to show a value of zero if the field is blank or shows zero on the item record.
2. When the Use Item Cost as Transfer Cost preference is enabled, the transfer price is not considered for posting cost accounting of line items. In the Transfer Price field, enter a declared value for the item to be used for shipping purposes only.
3. When the Use Item Cost as Transfer Cost preference is disabled, the transfer price is considered during the posting of cost accounting lines. Items that do not have a transfer price set on the transfer order use a zero value for cost accounting calculations when the item is received.
Please go Set Up > Accounting > Intercompany Preference > Transfer Price Method tab
