We have components within our raw material inventory that are no longer used within our manufacturing process. In simple terms, these items are obsolete.
We want to move the items from our main warehouse to a non nettable location in the same warehouse or a different warehouse. We will be using the Inventory Transfer process to move the items, but we would also like the value of those items to be removed from our raw material G/L account.
We cannot physically scrap or trash these items, as they may be required within our Repair group in the future.
Has anyone done something similar or can anyone provide suggestions on how we can accomplish this?
Thanks.