Organizations consume the items and tools in inventory
storerooms in different ways. Issues, transfers, and returns are methods
for monitoring and controlling the movement and consumption of inventory
items and tools.
You create inventory usage records to track the issue, transfer,
and return of inventory items within and across organizations. You
can also make quick issues and transfers of inventory as you work.
You use inventory usage records for the following tasks:
- Issuing items
- You can issue inventory items or tools by assigning them to a
work order, to an asset, to an operating location, or to a general
ledger (GL) account. You can also issue items to satisfy reservations,
such as for use on a work order. Items can be issued to a charging
entity that belongs to the same site or across sites within an organization.
- Transferring items
- You can transfer inventory items or tools from one storeroom to
another storeroom to satisfy the requirement for the items in another
location. You can move inventory stock between storerooms located
in two different sites of the same organization, or between sites
that belong to separate organizations.
- Returning items
- You can return inventory items to the original storeroom. For
example, you can return parts that were previously issued from a storeroom,
but were not used.