In a cross-company-code or intra-company-code stock transfer between sites, valuated stock in transit allows you to retain the quantity and value of an article that has already left the issuing plant but has not yet reached the receiving plant. This means the goods issue posting from the DC creates what is referred to as "stock in transit", which is valuated and recorded on the level of the receiving site (without storage location), in our example the store. Along with the goods issue article document, the system creates an accounting document, as the receiving store now owns the stock. This means that the subsequent goods receipt posting in the store is actually a transfer posting from in-transit stock to unrestricted-use stock. If there are no quantity differences, this posting does not affect valuation, thus the goods receipt article document does not contain a further accounting document. A stock transfer between sites using the stock in transit scenario is referred to as the two-step stock transfer procedure. The one-step stock transfer procedure means the DC goods issue posting directly creates the unrestricted-use stock in the store (full goods receipt posting). In customizing, you can define for each issuing-/receiving site if the one-step or two-step stock transfer procedure should be used.
The functions are correspondingly available for return stock transfers. In addition, in sales processes to external customers, you can post the quantity and value of an article initially to valuated stock in transit, and then actually issue the stock when proof of delivery arrives.