Landing Cost Question
When we add the landing cost it looks like it does not impact the Item Cost. However, does affect the Warehouse cost. Shouldn't it also impact Item Cost?
Former Member replied
Yes ofcourse, there is a way to add them to the Item Cost but accounting wise you need to be careful as you cannot increase the Item Cost which will affect your COGS and also record these as expenses in any form.
This would result in double booking of expenses which is not legally correct.
When you enter the AP Invoice ..at the row level you have 3 freight columns which can be enables from the Form settings.
You can enter upto 3 additional cost to roll into the cost of the item by using these freight columns.
Processing AP outside the system does not serve the purpose of using the system. I would suggest you change you process to what best for the business and not continue to work the way your old software let you to..