What is Inventory Transaction?
Inventory Transaction
One line left over whenever inventory moves. It is the same as the transaction details in your bankbook.
What it means
Inventory history is a record that is left one line each time inventory increases or decreases. When, what, how many, why (receipt, production, shipment), and who processed it are written down.
If you add up the history from beginning to end, you should get the current inventory. It's like adding up all the transaction details in your bank account to get the balance.
At the pen factory
View the inventory history of black ballpoint pen in the 6th day incident. At 17:20 on November 4th, there are two identical lines: “Production received +50”. Same day, same time, same work order.
Why it matters
Inventory numbers alone don't tell us why that's the case. If the numbers are strange, you can follow the history to find out which day and in which processing the error occurred.
How this differs from Inventory
Inventory is the current number, and inventory history is the process by which that number was created.