Location Transfers
The Location Transfers section is designed for businesses that operate multiple storefronts, warehouses, or distinct stockrooms. It ensures that when physical goods move from one place to another, both your inventory records and your financial ledger stay perfectly aligned.
Creating a Location Transfer
When stock needs to be relocated, you record the movement here rather than creating dummy sales or purchase invoices.
Transfer Process:
- Source & Destination: Select the Source Location (where the inventory is currently sitting) and the Destination Location (where it is going).
- Select Items: Add the specific products, variants, or batches that are being loaded onto the truck or moved.
- Set Quantities: Define exactly how many units of each item are being transferred.
- Execution: Saving the transfer instantly decrements the stock at the source and increments the stock at the destination.
Financial Impact
Moving inventory isn't just a logistical action; it has financial implications if your locations are treated as separate profit centers or if you track inventory assets by location. Agora automatically handles the complex backend General Ledger entries to reflect the shift in asset value from Location A to Location B.
Real-World Use Cases
- Warehouse to Storefront Replenishment: A central warehouse manager transfers a pallet of high-demand electronics to a retail storefront that just sold out of its on-hand stock.
- Store-to-Store Rebalancing: Store A has an excess of winter coats that aren't selling well in their neighborhood, so they transfer 50 units to Store B, which is located in a colder region and is running low.
- Damaged Goods Quarantine: Transferring defective or expired products from the main "Sellable Inventory" location into a dedicated "Returns/Damaged" virtual warehouse location pending destruction or vendor return.
Keep your stock levels and asset values synchronized across all your business locations.