We have a wholesale and retail business. We use Quickbooks to run our wholesale inventory and for our general accounting, and RMS to run our retail inventory. As a consequence, we use a lot of transfers to move stock from wholesale into our RMS inventory. It's messy and stock valuations are often incorrect. Is there a best practice for doing this? Are we better off to use PO's in RMS to transfer stock wholesale=>retail? Is there a better way?
Thanks guys.