Landed Cost

[Former Member]

Hi

Any body tell me how to post landed cost in sap business one.

Gopi

[KennedyT21 · Accepted solution]

Hi Gopinath...

How to Manage Landed Costs in SAP Business One - YouTube

SAP Business One - How To - Landed Cost - YouTube

SAP Business One - How To - Landed Cost Adjustments - YouTube

https://help.sap.com/saphelp_sbo882/helpdata/en/44/f8c616445241aae10000000a114a6b/content.htm

SAP Business One How To: Landed Cost | Blog » Aether Consulting

Check with the above links ..

Regards

Kennedy

[former_member212181]

Hi Gopinath,

if you need to add landed cost to then items, which you take in through GRPO / AP Invoice, You need to configure landed cost.

1. Administration > Setup > Purchase > Landed cost.

You can define your landed cost factors here such as insurance, stamp duty, customs duty, bonded warehouse charges etc.

In landed cost allocation field you may need to give common or separate GL account.

This GL Account will be credited ate the time of adding landed cost.

2. How to add Landed cost.

After adding GRPO / AP Invoice, Open landed cost window and selct material supplier code in supplier field.

If all landed costs are taken care by one supplier , you can enter that supplier code in Broker field(Landed cost vendor)

Click Copy from and select GRPO/ AP Invoice and chose your document.

Enter landed cost values in cost tab.

Add Document.

JE will be

Inventory a/c  Debit   100

Landed cost clearing A/c   Credit 100

3. Create AP Service invoice for landed cost to broker.

Open AP Invoice> Select supplier code and click on copy from "Landed cost".

Here you can select values from landed cost window

Journal Entry will be

Landed cost clearing A/c   Debit 100

Supplier (Broker) A/c    Credit       100

So net effect

Inventory value added by Rs 100  (Debit)

Landed cost Vendor's Broker's balance added by Rs.100 (Credit)

Hope this helpful

Thanks

Unnikrishnan

[former_member458725]

Hi,

You want to post Landed cost using SAP B1 interface or SAP B1 Object using Addon?

[kothandaraman_nagarajan]

Hi,

Please refer below guide for posting landed cost.

http://www.tegrous.com/wp-content/uploads/2011/07/HowTo_Landed_Costs_2007A_B1.pdf

Also refer SAP help file https://help.sap.com/saphelp_sbo882/helpdata/en/44/f8c633445241aae10000000a114a6b/content.htm

Thanks.

[frank_wang6]

https://www.youtube.com/watch?v=RDuk2nu-uuA

Basically you create a landed cost code associated with a G/L account.

When you create a/p invoice on those costs, using the same G/L account.

so eventually, you use A/P invoice to put more money into this G/L account, and use landed cost to take the money out of this account to put on Inventory.

This is how it works.

Frank