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- Inventory Valuation System
- Process
- Position value through transfer
Position value through transfer
Warehouse Manager releases a same-entity stock transfer. Signed movement legs move quantity and carrying value from the source into owned transit; actual receipt moves only the evidenced part to the destination. The remainder stays traceable.
Step by step
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Select eligible stock Warehouse Operator
Warehouse Operator uses available owned stock and exact source identity.
- Use available owned stock and exact source identity.
- Updates Inventory positions, Stock reservations
-
Approve transfer Warehouse Manager
Warehouse Manager approves the destination and bounded scope.
- Approve the destination and bounded scope.
- Updates Stock transfers, Approval decisions
ApprovalA person approves before the work moves on. -
Dispatch Warehouse Operator
Warehouse Operator records actual departure and the owned transit leg.
- Record actual departure and the owned transit leg.
- Updates Stock events, Stock movements
-
Receive remainder Warehouse Operator
Warehouse Operator records each actual destination receipt against transit.
- Record each actual destination receipt against transit.
- Updates Stock transfers, Inventory positions
-
Reconcile value Accountant
Accountant checks quantity and carrying value by entity and product.
- Balance quantity and carrying value by entity and product.
- Updates Stock layers, Stock movements
Who does what
Roles and permissions- Warehouse Operator
- Records physical facts; Warehouse Manager controls stock scope; Purchasing Manager owns the supplier commitment; Accountant prepares value evidence; Finance Manager makes financial decisions.
Set up Inventory Valuation System your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.