Reclassify Lot No.

Overview

You can use the Inventory Transfer Journal to reclassify part of your inventory from an existing Lot No. to a new one. The original Lot No. will remain unchanged for all existing transactions, while the new Lot No. will be applied to any future transactions. GoldFinch ensures lot traceability by maintaining a link between the old and new Lot Numbers.

Processing Steps

• For detailed instructions on processing Inventory Transfers, refer to the documentation Inventory Transfers.

• In the Inventory Transfer Journal, click on the Enter Lots button located in the Related List. Do not use the Enter Lots button found at the top of the page.

• After selecting the appropriate lots and entering the quantities to be transferred, enter the New Lot Numbers and the Net Lot Expiration Date.

You can use Inventory Transfer Journals to:

• Transfer inventory between different warehouses.

• Reclassify lots simultaneously during the transfer.

• Reclassify lots within the same warehouse and same bin.

Additional Information

To rename a Lot for all existing and future transactions, navigate to the Item Lot page. Update the Lot No., then click Save. The new Lot No. will be applied to both existing and new transactions.

By following these steps, you ensure smooth inventory transfers and lot reclassification while maintaining full traceability within the system.