Lend Merchandise

This topic describes how to lend merchandise to a store that is not a store on your Eagle system. There are two ways you can use transfers to track the merchandise. With the first method, you use your store number for both the From-store and the To-store. With the second method, you'll set up an account in Customer Maintenance and then enter an asterisk (*) in the To-store.

First Method – Your Store Number As Both the From-store and the To-store

  1. Create a transfer request. Use your store number as both the From-store and the To-store.

  2. When you ship the merchandise to the borrowing store, change the transfer status to S (ship) to decrease your quantity on hand.

  3. When the borrowing store returns the merchandise, change the transfer status to C (complete). This will increase your quantity on hand (since you are also the To-store).

  4. If the borrowing store does not return the same quantities of merchandise as it borrowed, make the necessary adjustments at Point of Sale, by creating a POS sales transaction (if they returned less than they borrowed) or a POS credit transaction (if they returned more than they borrowed).

Second Method – Enter an Asterisk (*) as the To-store

  1. If it doesn't already exists, create an account in Customer Maintenance (MCR) for the borrowing store. For that account, in the Transfer Store field, enter an asterisk (*).

  2. Create a transfer request. Use your store number as the From-store and enter an asterisk (*) as the To-store.

  3. When you ship the transfer to the borrowing store, change the transfer status to C (complete) to decrease your quantity on hand. If setup to do so, accounts receivable will also be updated.

  4. When the borrowing store returns the merchandise, create a transfer adjustment, with a credit reason of R (return) and a status of C (complete). If the borrowing store does not return the same quantities of merchandise as it borrowed, allow for that when creating the adjustment.

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