...
Notice that defining and specifying batches for purchased or manufactured items with batch tracking is optional. However, batch numbers are required for items intended for consignment sales, subcontractor processing, and for those to be stocked in contract warehouses.
...
Note. It is recommended that you set up certain rules for naming item batches. For example, for items to be used as the entity's own inventory, names can be based on the dates of the batch origin and expiration as "101021-100622" or "OD101021-ED100622". Such batch numbers in selection drop-down lists would help users view which batches have earlier expiration dates when picking the particular units for sale. Consider creating a rule for setting the date of origin - it could be the date of purchase or the date of manufacturing by the product's manufacturer – this date will be used for product batch aging.
For items to be moved to another company or received as inventory of another company, you can set differing rules. For instance, for items being send to received for subcontractor processing you can use the movement date as the date of origin and as the for batch number ("SP021121").
...
- Own Inventory: for items that the entity owns and keeps for sale.
- Safe Custody: for items moved received to another companythe entity's contact warehousewarehouses.
- Commission Materials: for items moved to another company received for subcontractor processing.
- Consignment Sales: for items intended for consignment sales.
In the Batch Owner field, you can specify who produced the company that owns this batch.
Then select the expiration date if this batch has expiration date.
...