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What is Landed Cost with real time evaluation ?

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最佳答案

Landed Costs are only supported with Perpetual (real-time) Inventory set to the Real Price cost method.  The Journal Entry for the Incoming Shipment only affects stock and the Inventory clearing/interim account.  The Journal Entry for the Landed Cost only affects stock and the expense/cost of goods account.  It should be done AFTER the Vendor Bill.  You are missing the Journal Entry for the Vendor Bill (Inventory clearing/interim + expense/cost of goods + Accounts Payable).


A landed cost consists of (a) the purchase price of the product PLUS (b) any additional charges to get the product to your warehouse - this may include ocean freight, customs, duty, taxes, handling, crating, storage and inbound freight.

Odoo handles this by asking you to do two things:

1. Record the purchase price (a) and the additional charges (b).

2. Allocate the additional charges (b) to the product(s).

Step 1:

The standard workflow for creating a Purchase Order and then a Vendor Bill can be followed. If your Vendor Bill for the purchase price (a) also shows all of the additional charges (b) such as freight and taxes, then you create a single Vendor Bill. If you get separate Vendor Bills from your Freight company; Customs; Tax Entity; Handling Vendor; Storage Vendor; etc - then you create a separate Vendor Bill for each one.

Step 2:

You create a Landed Cost (linked to a Stock Transfer) that allocates all of the additional charges (b) to the product or products(s) received on the Purchase Order (via the Stock Transfer). The way you configure the Landed Cost PRODUCT determines the allocation method.

Example

Purchase 10 products at $100 - for a total Inventory value of $1,000.

Vendor Bill adds $100 of freight - for a total AP of $1,100

Landed Cost allocates $100 back to the Products - for a total Inventory value of $1,100.

The freight is temporarily expensed, then moved to the inventory valuation account.

More Resources:

https://www.odoo.com/forum/help-1/question/landed-cost-accounting-question-110345

https://www.odoo.com/forum/how-to/warehouse-management-6/how-can-i-assign-landed-costs-to-my-cost-price-55132

https://www.odoo.com/documentation/user/11.0/inventory/routes/costing/landed_costs.html

https://www.cybrosys.com/blog/how-configure-landed-cost-odoo

https://abhishekguptaweb.wordpress.com/2016/05/15/landed-cost-calculation-using-various-split-method-odoo/

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Thanks Ryan....