Available in Sage 50 Premium Accounting and higher.
An ending transaction is a transaction type that is associated with serialized inventory. Ending transactions remove serialized items from your inventory. For example when you sell a serialized item to a customer, that is considered an ending transaction.
The transaction type is determined by whether the quantity is positive or negative. Since you can enter negative quantities on some task windows, we will describe in detail what constitutes an ending transaction.
The table below shows which quantity value and task window will create an ending transaction.
Quantity |
In this window |
---|---|
positive quantity |
Sales/Invoicing, including Voids |
positive quantity |
Receive Money |
positive quantity |
Vendor Credit Memos |
N/A-only positive quantities accepted |
Unbuild Assemblies |
negative quantity |
Credit Memos |
negative quantity |
Purchases/Receive Inventory |
negative quantity |
Payments |
negative quantity |
Inventory Adjustments |