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Allocating Shipping Over Several Purchase Receipts

  • 19 October 2022
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We use Landed Cost.  We need to allocate freight charges over several purchase receipts.  Our suppliers will aggregate freight charges from several shipments and add the freight charge to just one invoice.  If we use landed cost and add the aggregated freight charges to the one purchase receipt, the cost of the items on that one purchase receipt are inaccurate and distorted.  Is there a way in the landed cost system to add a freight charge to a few fully received purchase receipts to better spread the aggregated freight charges? 

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Best answer by Laura02 19 October 2022, 19:47

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Hello Doug,

We can allocate one freight charge across many receipts in the Landed Cost screen, Details tab.

 

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Thank you for you wonderful answer.  I

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My bookkeeper raised one more related question.  Here is a simple example:  If we have one item on a PO, and we recieve that one item on a purchase receipt, and later we sell that one item, can we in a few weeks or months later still apply landed cost to that one now sold item?   

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Hello,

Acumatica does correctly handle the Landed Costs when the timing is such that Landed Costs are entered & released after some or all of the merchandise has been sold.

  1. For items still on hand, inventory adjustments update the cost of inventory items on hand.
  2. For items that have been sold, Acumatica uses the Landed Cost Variance account.

For more information, please visit recent posts…

Best regards,

Laura

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You are the best.  Thank you so much.  

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