What are "transfers" or "indents" or "issues" ?

Modified on Fri, 17 Feb 2023 at 06:17 PM

Before understanding "transfers" or "intents", let's first understand the process of issuing goods, or commonly called as "requisition". 

"Requisition" or "Issuing"

It refers to a way of procuring goods from the issuing department. The key objectives of having proper requisition process are: 

  1. To ensure proper authorization in issuing and releasing goods 
  2. To account the stock properly 
  3. Understand the daily/weekly usage/demand 

"Intents" or "transfer requests"

This refers to request made for getting goods from the issuing authority. It usually includes information like: 

  • Name of the goods
  • Order quantity 
  • From location
  • To location

"Requests received"

This refers to the requests received to the issuing authority. The issuing authority, when has to issue goods can either of the two things: 

  • Issue goods from its own stock
  • Covert the "transfer request" to a Purchase order 

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