# Convert Inventory (IT.E4)
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Transaction ID The inventory transaction number is assigned by system and does not appear as a prompt on the screen.
Part Number Enter the part number of the item being created and moved to inventory.
Description Contains the first line of the description from the PARTS file for the associated part number. The field is for reference only and may not be changed.
Ratio Enter the ratio for the associated part number. The ratio indicates the percentage of the cost from the parts consumed that should be applied to this item when re-averaging the cost of the part. This field will only be used when using average cost.
To Quantity Enter the quantity of the part being created.
To Invloc Enter the location that the material is being moved to.
To Lot If the part number entered is lot controlled then enter the lot number the parts are being moved to. If you leave this field blank it is assumed that you want the system to assign a new lot number.
To Bin Enter the bin to which the material is being moved. This field is only prompted when the INVLOC record is set to bin control.
Total Ratio
Total Qty
From Part Number Enter the part number of the item you are removing from inventory to create the new part number.
From Part Desc Contains the first line of the description from the PARTS file for the associated part number. The field is for reference only and may not be changed.
From Quantity Enter the quantity of the part being consumed.
From Invloc Enter the location that the material is being consumed from.
From Lot If the part number consumed is lot controlled then enter the number of the lot being consumed/moved. You may leave this field blank if you are moving items from a non-physical location.
From Bin Enter the bin from which the material is being moved. This field is only prompted when the INVLOC record is set to bin control.
Notes Enter any notes in this field that apply to this transaction. These notes will be posted to all inventory transaction (i.e. IT) records that are created.
Version 8.10.57