Inventory Transaction Types

Purchase Receiving

New Inventory was added for this product in this location on the Purchase Order Receiving screen, from the vender.  

Transfer Receiving

New Inventory was added for this product in this location on the Inventory Transfer screen.

Transferred Out

This quantity of inventory was sent to a different location and deducted. 

Transferred In

This quantity of inventory was transferred to this location from a different location.

Waste

This quantity of inventory was wasted.   Waste should be used for inventory items that are damaged or otherwise unusable, but not expired.

Lost

This quantity of inventory was lost and could not be accounted for.  Lost should be used for inventory items that cannot be found in any location. 

Expired

This quantity of inventory went past the expiration date and had to be discarded. 

Sold

This quantity of inventory was sold via an Order and was deducted from the inventory area associated with the unit or order.

Used

This quantity of inventory was used by the unit, although not necessarily charged to the client via an Order.  For example, if a product was included in a surgery kit, it was used and removed from inventory, but it is the surgery package that will be sold.

Reconciliation

An adjustment of the inventory value based on Inventory Reconciliation. 

Product Setup

New Inventory was added for this product in this location on the Product Setup screen.

Inventory Count

An adjustment of the inventory value based on the Inventory Count screen.