I work with a small retail company with multiple locations. Each location is it's own entity with it's own books. The stores transfer inventory across all locations all the time multiple times a day. How do I keep track of all these transfers? Is there a better way than creating journal entries on each entity? This is very time consuming (boring) and feels wrong. The journal entries are essentially blank, there's an amount and a date.. not very helpful if I ever needed to go back and prove my work.
Does anyone have any experience bookkeeping for small chain stores? Or a warehouse?