MANUALS > Inventory > Inventory Module > Inventory, Update Menu > Inventory Transaction > Inventory Transaction Buttons > Company Change Button, via Inventory Transaction

The Company Change button allows users to change the company ownership of the P/N that had previously been selected in the Inventory Transaction window. Orders can be created automatically depending on the scenario (SO/POs and XO/EXs), and they can be linked to Requisitions and Transfer Orders as needed.

First, users must specify the company that the part ownership should be changed to, along with the desired currency for the part's financial information. Users can also tie the company change transaction to a new or existing T/O by selecting the appropriate radio button. Lastly, a Order Type must be selected in order to determine how the company change transaction should be processed by the system.

Note: The following warnings were changed from hard stop warnings to soft warnings.

The following information/options are available in this window:
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Old Company

The company that currently owns the P/N.

New Company

The company that will receive ownership of the P/N once the transaction has been completed.

Note: The New Company cannot be the same as the Old Company. If the same company is entered in the New Company field, a warning message will prevent the transaction from being saved when the Save button is selected.

Currency

The currency that should be used for the old and new company respectively. Will determine the type of currency used for the orders that will be generated based on the selected Order Types. For more information on company currency, please refer to Configurations: Currency.

Note: The 'Old Company' Currency will default to the main Currency for that company as specified in the Company Profile. And while the 'New Company' Currency can be edited as required, it is recommended to only use the main currency for that company as well.

Transfer radio buttons

The selected option will determine if a Transfer Order will be created as part of the company change transaction.

New - A new Transfer Order will be created to facilitate the company change transaction.

Existing - The selected P/N will be added as a new line item to an existing Transfer Order, which is specified in the T/O NO field.

None - No Transfer Order will be created or used.

T/O NO

Specify the T/O that the Company Change transaction should be attached to. This field only appears when the Existing option is selected from the Transfer radio buttons.

Print Tag checkbox

Selecting this checkbox will ensure that an appropriate tag will be printed for the P/N once the Company Change transaction is complete. The Print Tag window will automatically be displayed once the Save button has been selected.

Order Type

This field determines how the company change transaction will be recognized by the system.

S/O & P/O - The system will treat the company change transaction as a sale of the P/N. For more information, refer to Order Type: S/O & P/O.

X/O & E/X - The system will treat the company change transaction as an exchange of one P/N for another. The auto-generated X/O will remain unfulfilled until a X/O & E/X FULFILL transaction is performed for another part. For more information, refer to Order Type: X/O & E/X.

X/O & E/X fulfill - The company change transaction performed using this order type will fulfill X/O's generated using the X/O & E/X option above. For more information, refer to Order Type: X/O & E/X.

None - The system will treat the company change transaction as a quantity and value adjustment of both companies' inventory, but orders will not be created. For more information, refer to Order Type: None.

Note: The 'NONE' Order Type is only functional for serialized parts, not consumable parts. When trying to save a 'NONE' Company Change transaction for a batch of consumable parts, a hard warning message appears and prevents the transaction from being saved.

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Based on the selected Order Type, additional information may need to be specified:

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S/O & P/O

S/R Flag checkbox - Selecting this checkbox will create a Sales Return historical record for the P/N once the Company Change transaction has been performed. This field will only appear when the order type S/O & P/O is selected.

Add Cost ORG/Currency - Specify any additional cost that should be added onto the unit cost of the P/N when determining the total cost of the auto-generated S/O & P/O. This field will only appear when the order type S/O & P/O is selected. This option should only be used when company currencies match, otherwise the OVR List Price checkbox must be used to specify the unit cost of the part.

Note: As soon as user selects the 'OVR List Price' checkbox, the 'Add Cost ORG/Currency' field grays out and the 'Use List Price' checkbox is auto-selected.

Requisition / Line - If the P/N is purchased to satisfy a requisition, specify the relevant requisition number and line item. This field will only appear when the order type S/O & P/O is selected.

Note: Users can only select requisitions made by the company specified in the New Company field.

Use List Price checkbox - When selected, the system will use the Sell Price from the P/N Master (via the P/N Sell button). (Additionally, if there is no List Price then the Average Cost will be used > if there is no Average Cost then the Reference Cost will be used > if there is no Reference Cost then the Market Value will be used.)

If the checkbox is not selected, the system will use the Unit Cost of the issued part. (Additionally, if there is no Unit Cost then the Average Cost will be used > if there is no Average Cost then the Reference Cost will be used > if there is no Reference Cost then the Market Value will be used.)

Quantity - The amount of parts that should be included in this transaction. If the selected P/N is marked as consumable, users can adjust the quantity. This field will only appears when the order type S/O & P/O is selected.

Location - The Location for the Purchase Order being created.

Priority - The priority placed on the transaction (e.g., routine, AOG, etc.).

Note: The priority entered in the the P/N Company Change window will be reflected in the priority for the S/O and P/O header window. This field will not appear for 'None' order type transactions.

Requisition / Line - If the P/N is purchased to satisfy a requisition, specify the relevant requisition number and line item. This field will only appear when the order type S/O & P/O is selected.

Note: Users can only select requisitions made by the company specified in the New Company field.

Unit Cost - Depending on the part's P/N Category configuration, this field will show the local actual unit cost or average cost of the part. This field will only appear when the order type S/O & P/O is selected.

Total Cost - The total cost of the transaction. It amounts to the sum of the unit cost and additional cost of the selected part. This field will only appear when the order type S/O & P/O is selected.0000000

Reference - Enter the appropriate reference code.

List Price ORG/Currency - List price of the billing item.

Override List Price checkbox - When selected, users can specify a custom List Price for the selected part. The Add Cost ORG/Currency field will become informational-only. This checkbox is used for situations in which company currencies do not match.

List Price Currency -The currency used for the specified List Price. This field only appears when the Override List Price checkbox is selected.

List Price Override - Specify the desired List Price for the selected per unit price. This field is used primarily if company currencies do not match.

X/O & E/X

Exchange Fee - Specify the exchange fee charged for the auto-generated X/O. This field will only appear when the order type X/O & E/X is selected.

Location - The Location for the orders being created.

Priority - The priority placed on the transaction (e.g., routine, AOG, etc.).

Note: This field will not appear for "None" order type transactions.

Requisition / Line - If the P/N is purchased to satisfy a requisition, specify the relevant requisition number and line item. This field will only appear when the order type S/O & P/O is selected.

Note: Users can only select requisitions made by the company specified in the New Company field.

X/O & E/X FULFILL

Location - The Location for the Exchange Order being created.

Priority - The priority placed on the transaction (e.g., routine, AOG, etc.).

Note: This field will not appear for "None" order type transactions.

Order NO - Specify the X/O number of the order that is to be fulfilled through the company change transaction. This field will only appear when the order type X/O & E/X FULFILL is selected.

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For more information on how company change transactions using the S/O & P/O or X/O & E/X Order Types are performed, refer to Order Type: S/O & P/O and Order Type: X/O & E/X respectively.