Question on the landed cost module

I am working with ERPNext because of the landed cost functionality but I am wondering how the expenses are tracked.  Right now I match a purchase receipt with a tax or charge of my choosing.  If I select an account like "inbound shipping" to update the cost that account would show the amount.  I have a purchase invoice for the shipping as well on the same account.  Wouldn't these show twice on the books?

for instance:

10 items @ $10 (purchase receipt)
shipping @ $10 through third party on net 30 day terms (purchase receipt)

for a net total of $11 an item

If I use the landed cost wizard the expense head (shipping) would show $10 and the item cost would be updated, but what happens to the shipping account?  Does that account (shipping) reflect $20

Is there a way to match a purchase receipt and a purchase invoice to get landed cost?

Thanks in advance



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Hello Kyle,

The expenses updated via Landed Cost Wizard is only included in the valuation of Purchase Receipt items. There will be no accounting entry to book an expense.

Hence, as you rightly said, the shipping expense will be booked only when you make Purchase Invoice for it.


On Wed, Apr 9, 2014 at 1:08 PM, Kyle Krenzer <ky...@elevationorganics.com> wrote:
I am working with ERPNext because of the landed cost functionality but I am wondering how the expenses are tracked. Right now I match a purchase receipt with a tax or charge of my choosing. If I select an account like "inbound shipping" to update the cost that account would show the amount. I have a purchase invoice for the shipping as well on the same account. Wouldn't these show twice on the books?

for instance:

10 items @ $10 (purchase receipt)
shipping @ $10 through third party on net 30 day terms (purchase receipt)

for a net total of $11 an item

If I use the landed cost wizard the expense head (shipping) would show $10 and the item cost would be updated, but what happens to the shipping account? Does that account (shipping) reflect $20

Is there a way to match a purchase receipt and a purchase invoice to get landed cost?

Thanks in advance



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For more options, visit https://groups.google.com/d/optout.





Thanks and Regards,

Umair Sayyed
www.erpnext.com