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Landed Costs

Landed Costs

Landed Costs

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.



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