Discussions
SuiteWorld is the largest annual gathering of the NetSuite community! It will be held in Las Vegas on October 6-9, 2025. Our customers and partners look forward to SuiteWorld every year as a place to hear the latest from NetSuite, get hands-on learning, and connect with each other. Register now!
New to NetSuite | Inventory Transactions Overview
Efficient inventory management is crucial to business operations, and NetSuite offers a range of tools and functionalities to help track and manage stock levels, movements, and adjustments.
This article provides an overview of three key areas of NetSuite’s inventory transactions: Transfers, Adjustments, and Inventory Count. For those seeking more detailed information, an upcoming Inventory Transactions series will explore each of these topics in depth.
1. Transfers
Inventory transfers are essential for moving stock between locations, and NetSuite provides two primary methods for this: Inventory Transfer and Transfer Order.
- Inventory Transfer: This is used for immediate stock movement between locations. This method directly adjusts the on-hand quantities of items across locations in one transaction. It's perfect for real-time transfers where detailed tracking isn't required.
Niks Blando-Oracle | Ask A Guru?️
Learn how to Refer A Member|Earn the Answer Accepter Badge|Be the Content Creator of the Quarter|Vote for the content you want to see!
Expand your NetSuite knowledge by joining this month'sAsk A Guru Live about Advanced Accounting.RSVPon this event now!