Transferring Products Between Locations

In this article, we will walk through the steps on how to transfer products from one location to another.  

Things to know:

• For franchise businesses:
  • At the parent level, products can be transferred between locations within the same child account or across different child accounts.
  • At the child level, products can only be transferred between locations within the same child account.
    
• When attempting to transfer product quantities to another location:
  
  • If you enter a negative sign before the transfer amount, the system will deduct that amount from the inventory at the location where the transfer is being processed and add it to the inventory at the destination location selected in the drop-down menu.
  • If you enter the transfer amount without a negative sign, the system will add that amount to the inventory at the location where the transfer is being processed and deduct it from the inventory at the destination location selected in the drop-down menu.
  • The transfer will fail if the product is not currently stocked at that location. In such cases, an error message will be displayed stating, "Other location is not stocked".  
• All transfers are tracked in the Inventory Adjustment report

To transfer inventory between locations:

1. Navigate to POS > Inventory
2. Select the location
3. Locate the product for which you want to change the quantity
4. When expanded, the product's inventory details will be displayed
5. Click the Adjust Quantity icon (+/-) under 'Retail Qty' to transfer the retail quantity or under 'Back Bar Qty' to transfer the back bar quantity
6. On the Adjust Quantity modal, enter the adjustment value. To reduce the old quantity, enter a (-) before the value you want the quantity to be reduced by. To increase, simply enter the value you want the quantity to be increased by
7. Choose "Location Transfer" from the preset list of reasons  
8. The Location Transfer section will then appear, allowing you to select where the product quantity should be transferred to or from                                                                                                                                                                                                       
9. If you choose, you can include a note
10. Save

For more information contact us at support@mytime.com.