Sounds like you would need to do an inventory adjustment, negative of the item from Main Warehouse and on the same adjustment do a positive of the new part number at the Second Warehouse. 

That wouldn’t transfer the cogs from the original item to the new one. 

Thanks for the response @amajors . But @Jeff96 is correct. We need to move also the inventory from the original item to a new one.

It depends on where you post the adjustment to. 

Create a reason code for the adjustment.

Create a new Inventory adjustment

You are removing one item in the Main and adding back in the Job as a different item with costs the same. It may be more difficult if you are tracking cost differently. We use estimated unit costs.

Maybe other option is to make a kit assembly for the damaged part and the actual number as the stock component. Then you could build the kit number and transfer it to the new warehouse.

Hi @jib87 

The solution suggested by @amajors should work fine. 

There is no option available to move actual cost to new item. However, creating an inventory adjustment with negative quantity for old item issues existing item with actual cost.

Adding new item with positive quantity with exact cost at which old item was issued, ensures the item is in a way transferred to new item at same cost. 

The COGs ( or any other expense account used ) acts more like an intermediary account during the transaction. Net impact on release of adjustment on that account will be zero.

Creating an assembly may not work well since the cost of the new item is lesser than the old item used to build the assembly. 

Regards,

@jib87 , consider doing ‘kit asssembly’ on a destination warehouse to turn the item to the ‘damaged’ one

To do this, you can set up a kit specification having the ‘damaged’ item as a Kit Inventory Id and ‘normal’ item as a kit component (with a quantity of 1). Unit Cost of the ‘damaged’ item can be entered explicitly