Definition
A stock transfer moves inventory from one warehouse or location to another, reducing stock at the source and increasing it at the destination.
What is a stock transfer used for?
Transfers keep stock positions accurate when goods move between a main warehouse, branches, vans or project sites. Within one company, a transfer changes where stock sits but not its total value, so no sale or purchase is recorded. Between two legal entities, it’s an intercompany sale and needs invoicing. Some businesses also track goods “in transit” while they’re on the road.
Example: a head warehouse transfers 60 boxes of anchors worth EUR 600 to a branch 150 km away.
Don’t confuse a transfer with a delivery: a delivery note sends goods to a customer.