×
INTELLIGENT WORK FORUMS
FOR COMPUTER PROFESSIONALS

Contact US

Log In

Come Join Us!

Are you a
Computer / IT professional?
Join Tek-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!

*Tek-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Landed Costs

Landed Costs

Landed Costs

(OP)
Hi All....

Macola ES v9.5.700 (or v9.5.800)

We are looking at possibly adding landed costs to some of our InTransit documents.

I understand how to add the landed cost to each line item on the transfer, etc. When the shipment is received, I see that the added cost is being included in the product....with the landed cost value going to the receiving accrual account.

When vouchering the landed cost vendor, what do most people do with regard to the lines? Are you vouchering against each receiver that is created for each line item...or do you just put the full value against the receiving accrual account and call it a day?

I am by no means an accountant...the costs we are trying to capture are the duties to be paid when sending the product across country lines. If I include the check box to Add to Unit Cost, what is the best way to get the value of duties paid at some later time? If I don't include the check box, I can use a G/L account...but now my COGS isn't correct as the unit_cost of the item doesn't change.

Thanks

Jen

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Tek-Tips Forums free from inappropriate posts.
The Tek-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Tek-Tips forums is a member-only feature.

Click Here to join Tek-Tips and talk with other members! Already a Member? Login

Close Box

Join Tek-Tips® Today!

Join your peers on the Internet's largest technical computer professional community.
It's easy to join and it's free.

Here's Why Members Love Tek-Tips Forums:

Register now while it's still free!

Already a member? Close this window and log in.

Join Us             Close