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Suggested answer

IV Transfer Serial/Lot Number

Posted on by 2,010

In the inventory transfer transaction, there is another window for serial/lot - the iv transfer serial lot entry window. When an quantity for 50 is entered, GP always separates into two line items in the transfer serial/lot number window so that you have one line item at qty 49 and another at 1. Why does GP do this and how can you undo this setting?

  • Catherine L. Profile Picture
    Catherine L. 2,010 on at
    Re: IV Transfer Serial/Lot Number

    Hi Bron, could I modify the valuation somehow to allow GP to calculate properly? The Item Transfer unit cost amount is $0.00.

  • Catherine L. Profile Picture
    Catherine L. 2,010 on at
    Re: IV Transfer Serial/Lot Number

    If it is a rounding issue, would it be fixable by increasing the number of decimals used to measure the item qty?

  • Suggested answer
    Bron Profile Picture
    Bron 4,885 on at
    Re: IV Transfer Serial/Lot Number

    Catherine -

    It probably has to do with the valuation of the lot.

    I've seen GP behave like this when it has difficulty dealing with rounding and valuation. Example, if GP has Item A - Qty on hand = 50 and the value of the lot is $50.01 - then when we transfer the 50 quantity - it will transfer 49 pieces @ $1.00 and 1 piece @ $1.01.

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