I am on v12 and I am confused when I create a Landed Cost Voucher. This is my example on e newly installed environment.
I created a Purchase Order -> Purchase Receipt -> Purchase Invoice -> Payment Entry
which Grand Total is $5000
After that I sell 8 of them for $100 each.
8 * $100 = $800.
(Sales Order -> Delivery Note -> Sales Invoice -> Payment Entry)
When I see Profit and Loss Statement it shows like this:
which makes sense. From $800 that I have sold, my expenses are $400.
BUT, when I create a Landed Cost Voucher of $1000 on Purchase Invoice that was $5000 the Profit and Loss Statement changes.
This is the Landed Cost Voucher:
and this is the updated Report of Profit and Loss Statement
How was that -500 calculated ? Why my profit went from $400 to $1300 which doesn’t make sense because I spent $1000 more on that Purchase Receipt which was the Shipping Cost.