Transfer Order is a process so it involves physical good transferred from one location to ANOTHER with transit time, shipment date, RECEIVING DATES etc. ITEM reclass journal is more like an adjustment than anything ELSE.

In the older versions of Navision, Transfer Order did not exist, so the only way to transfer items from 1 location to another was the Item reclass journal.

Purchase/Sales in Item journal: it is possible to post purchases/sales without an order for it. For the moment, I don't think anyone is still using it. Everyone uses Purchase/Sales orders.

Transfer Order is a process so it involves physical good transferred from one location to another with transit time, shipment date, receiving dates etc. Item reclass journal is more like an adjustment than anything else.

In the older versions of Navision, Transfer Order did not exist, so the only way to transfer items from 1 location to another was the Item reclass journal.

Purchase/Sales in Item journal: it is possible to post purchases/sales without an order for it. For the moment, I don't think anyone is still using it. Everyone uses Purchase/Sales orders.