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item charge setup

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Posted on by CU27091600-0

Hello,

can someone walk me through how to setup Item Charge? Which General posting account to select - Income vs Balance sheet account?

1. once I apply item charge to the purchase after I received an item - will it increase my cost of good/ cost per piece?

2. Will it go back and adjust my cost from that specific charge item?

Thank you,

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Dynamics 365 Business Central

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HVGEEL 308 on at

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the answers to your questions are:

- Which General posting account to select - Income vs Balance sheet :

that depends on local legislation and the type of Charge.

For TRANSPORT, it will be an income, for received taxes of some sort, it might just be a balancesheet account.

- once I apply item charge to the purchase after I received an item - will it increase my cost of good/ cost per piece?

Yes it will: upon assigning and posting the charge, additional Value Entries of type Charge will be created under the corresponding Item Ledger Entries.

- Will it go back and adjust my cost from that specific charge item?

did not really understand the question: transport charge for instance is different ever single time...

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YUN ZHU 95,597 Super User 2025 Season 2 on at

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Hi, the setting of the posting group is in the following pages, and you can set it to test whether it meets the requirements.

Item charge:

Vendor:

General Posting setup:

Vat Posting setup

Hope this helps.

Thanks.

ZHU

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CU27091600-0 22 on at

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@HVGEEL and YUN ZHU,

Freight and tariff are expense not income correct? - part of item cost. to Calculate landed cost - for example item cost me from raw material to finish $2 and I spent $1 in freight and $.50 in tariff. My real cost is $3.50 per pc.

Once I apply Item charge - My inventory and account payable should go up correct? is there any other debit or credit needs to happen?

1. Freight should be balance sheet account correct?

2. Once I apply item charge - which account should effect?

Thank you,

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Inge M. Bruvik 1,111 Moderator on at

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2. Will it go back and adjust my cost from that specific charge item?

If you add item charge to goods that is already sold - the cost for the sold goods will be adjusted with the item charge if that was your question.

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