Difference Between Stock Transfer And Transfer Posting
Description
How to fill out Corporation - Transfer Of Stock?
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FAQ
Stock transfers can occur at three different levels: Stock transfer from company code to company code. Stock transfer from plant to plant. Stock transfer from storage location to storage location (in the plant)
Stock transport order has the following advantages over the transfer of stock without a stock transport order: - A goods receipt can be planned in the receiving plant. - You can enter a vendor (transport vendor) in the stock transport order. - Delivery costs can be entered in the stock transport order.
A transfer posting usually refers to a change in a material's stock (for example, release from quality inspection, accepting consignment material). In a transfer posting, the material can remain in its original storage bin or be transferred.
A PO is generally used for transactions involving vendors. For stock movement involving two of your own plants, an STO is the appropriate document. These two transaction documents have different valuations so G/Ls are also different. And invoice verification is not applicable for STO transactions.
Stock Transfer is done both internally within an organization and between two separate organizations. The procedure of transferring inventory can be done in two ways: One Step Method and Two-Step Method.
