About Inventory Control transactions

Inventory Control provides you with several types of inventory transactions:

Transaction type	Inventory effect
Adjustment decrease	Reduces the on-hand quantity only.
Adjustment increase	Increases the on-hand quantity only.
Adjustment decrease value	Reduces the on-hand quantity and value.
Adjustment increase value	Increases the on-hand quantity and value.
Inventory shipper	Decreases the on-hand quantity and value.
Inventory receipt	Decreases the on-hand quantity and value.
Inventory scrap and spoilage	Decreases on-hand quantity and value.
Inventory damaged goods	Decreases on-hand quantity and value.
Warehouse transfer-in	Increases the on-hand quantity and value at the destination warehouse or location.
Warehouse transfer-out	Decreases the on-hand quantity and value at the originating warehouse or location.
Warehouse transfer in-transit	Decreases the on-hand quantity at the originating warehouse or location, and increases the quantity of inventory in-transit. When the transfer is received, the on-hand quantity is increased at the destination warehouse, and the in-transit quantity is reduced.

To view the full list of your available inventory transaction types, go to Inventory Control > All > Transactions and select the desired transaction.

Inventory Control workflows

When you create a new inventory transaction, you define all line items and associated data that will be processed in a workflow. Each workflow begins with a new transaction, which can only be converted to the next available transaction type. The transaction definition defines the next available conversion option.

Converting a transaction moves the transaction to the next step in the workflow. For example, a transaction might move from a Warehouse transfer in to a Warehouse transfer out, as defined by the transaction definition A template for a transaction that contains the accounting settings, workflow rules, and other configuration options that determine the transaction's behavior. Security options within a transaction definition ensure their proper use. Transaction definitions are used in the Purchasing, Order Entry, and Inventory applications for both standard and advanced workflows..

You can create draft transactions if the transaction definition's security settings are set to New document or convert. For example, if the transaction type that you want to create has a Create policy that's set to Convert only, you can only copy an existing transaction and save the new transaction as draft. You can then convert the duplicate into the desired transaction.