Hi,
I have problem with a return transaction entry of POP shipment order. The shipment order is come with landed cost so we have setup the landed cost ID and default COA for accruals as well as price variance. However, after posted the shipment order, and we created a return transaction subsequently, the system did not pick the landed cost defaulted accruals purchase COA into the distribution.
Anyone have idea about it?
Thanks,
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Hi , I have de same situation please let me known if you resolve the problem.
Thank you?
Hi Pui,
Not sure I can help greatly and anyone else out there who knows more than me, please jump in, but your post has been 'neglected' for a while so maybe my views will help point you towards a rsolution.
When you enter a landed cost on a receipt...the landed cost amounts are used to calculate a total unit cost for the items you are buying. This just affects your stock valuation. By returning the item, you will be returning it at that unit cost. (ie the purchase cost plus its apportionmet of the calculated landed cost).
The actual Landed Cost Invoice could be seperate from this. And I am 90% sure that GP is set up to handle it this way for sound accounting reasons.
You may or may not have to pay the landed cost subsequently. And this could be invoiced seperately...by a different vendor. You would not want the return transaction to reverse the landed cost invoice automatically...It could be payable even if you return the goods..for example transport insurance could be included in the landed cost,which would be payable as it covered you for the goods while hey were being shipped to you...if you return them that is your busness, the insurance on delivery still has to be paid.
I'm not sure I undestand your issue completely. If I have strayed off the point, sorry for wasting your time, but perhaps the above will get you thinking or point you in a different direction.
Best regards,
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André Arnaud de Cal...
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