Credit Broker in Landed cost

Hi,
  Can we credit the broker in the landed cost documents, If yes kindly let me know the process.
Thanks in Advance.
Thanks and Regards,
Jai

Hi,
        Thanks for your quick response.
I am treating broker as a vendor and for transporter purpose. At the time of raising the landed cost document , Inventory account has been debited and I want to credit the broker account which is my vendor.
Thanks and Regards,
Jai

Similar Messages

  • Broker In Landed Cost Form

    Hi Experts,
                           how can i set a account for different brokers in purchasing -> landede cost.
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    Regards

    Hi Sandeep,
    Tha Landed Costs will not post to the Broker. This is information only.
    I think this thread will explain this well:
    Landed Cost Payment
    How To Manage Landed Costs in Release 2007 A
    https://websmp201.sap-ag.de/~sapidb/011000358700000463992008E.pdf
    Hope it helps.
    Jesper

  • How to reverse landed cost on open A/P Invoice

    Dear Support
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    "Quantiy falls into a negative inventory"
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    Inventory Posting List:
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    Dear Nagarajan
    Thank you for your response, much appreciated!
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  • Landed cost on import items

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    Guide me if i am following wrong steps for landed cost. Solution will be appreciated

    Hi Prince......
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  • Landed cost - Is it only for Import ?

    Hi All,
    I am using SAP 2007 B PL 08 in country India.
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    Hi Raja,
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    I purchase a item @ INR 10 QTY 10 from vendor XXX and posted respective PO/GRPO/AP Invoice.
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  • Report which gives the landed cost of the item

    Hi ,
    Can anyone let me know is there anr report in R/3 which gives gives me the landed cost of the item for a particular considering my net price of the item including my delivery costs, credit memos, sub sequent debit/ credit. Either in R/3 or in BI.
    Help me

    Thanks
    We can generate the report from KOB1,S_ALR_87013002,KOC4 based on the production orders.
    Thanks

  • Landed Costs and Warehouse Transfer Costs

    We have an issue that Iu2019m sure B1 can handle, but Iu2019m not sure how to go about it.  When we have a shipment of items come in from overseas, we enter in a landed costs document so that those shipping costs are appropriately distributed as products are sold from our LA warehouse.  Sometimes however, we ship multiple items from our LA warehouse to our Utah warehouse.  What I want to do is basically run another landed costs, so that the shipping costs of sending items to Utah is also apportioned between the different items.  There doesnu2019t seem to be a place to enter this in the Inventory Transfer document.  How would I go about solving this problem?

    Hai Derek Perkins,
    Try it out this solution if it satisfies,
    Instead of booking Inventory Transfer, Book a Goods Issue(which Credit the Material Acc and Debit Freight Acc)
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    Now, the Expense incurred in Transport can seen through Freight Acc.
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  • Confused about the Landed Costs Allocation Account

    Hi, Im uncertain about which account to use in the landed costs module.
    What we are doing right now is this:
    We add our raw materials throught the Goods Receipt Module Debiting our inventory and Crediting the allocation account which its in the liability category.
    Next we add our transportation and import costs through the landed costs module. Here we debit the same inventory account and Im not sure as to which acount to credit. Should I use the same allocation account?
    Can some please share your experience?
    Thank you.

    Hi Jose,
    You should use a different allocation account. When you pay the bills to the customes agents and freight companies for the landed costs, they can be coded to this allocation account and can be reconciled accordingly.
    The allocation account used for the goods receipts is cleared when processing AP Invoices to the suppliers, and should also be reconciled for differences
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  • Project in Landed Cost

    Hi All
    In 2007 B Landed Cost document, the system will pass a automatic
    journal entry. i am not able to select project field in the row level
    of the landed cost document.
    In client business scenario, he will import all goods based on projects
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    project. Could you suggest me how to follow the scenario for Landed
    Cost.
    One landed cost Document can be based on multiple GRPOs  created for different projects.
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    When i am making a landed cost document.
    I will select all this 4 GRPO's into one landed cost document.
    My price distribution will be based on weight and volume.
    At present Journal Entry
    Raw material -- --- -- -- --- --- Debit
    Transport    -- --- -- -- --- --- Credit
    I Need
    Here i need to distribute the price project wise
    Journal Entry
    Raw material -- --- -- -- --- --- Debit for project A
    Raw material -- --- -- -- --- --- Debit for project B
    Raw material -- --- -- -- --- --- Debit for project C
    Raw material -- --- -- -- --- --- Debit for project D
    Transport    -- --- -- -- --- --- Credit for Project A
    Transport    -- --- -- -- --- --- Credit for Project B
    Transport    -- --- -- -- --- --- Credit for Project C
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    Edited by: Siva Reddy P on Jan 19, 2009 5:38 AM

    Hi
    Sir
    What i want to say is that for every landed  cost u have to assign a G/L account 
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    You have assign distribution rule actually  so if  Y1  and Y2   are Profit center and u have to assign landed cost IN 20: 80 ratio u can do it by defining a distribution rule
    Avtar Singh Saini

  • Error while entering Landed Cost

    Hi Experts,
    We are using Landed Cost to add freight charges to item cost.
    For one of my GRPO it gives me error as...
    Invalid Account Code (173-9)
    will you please suggest me any way out.
    Thanks,
    Suryakant

    Hi Suryakant,
    Have you checked these threads?
    Invalid Account Code error when posting AP Credit Note
    Invalid Account Code (Message 173-9)
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  • Landed Cost - copy from Good Received PO

    Dear Experts,
    I have Created a AP/Reserve Invoice and already done its Good Received PO. Unfortunately, the item prices for all the items were wrong. (Thank GOD i have not done the Landed Costs ).
    I tried to Copy the Good Received PO to AP Credit Memo, but this option was not available, and was not also able to copy to Goods Return for the same.
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    I came across an alternative solution which was to create Goods Return and then Copy that to AP Credit Memo. I have already done this.
    Unfortunately, when i go to Landed Costs and select "copy from" Good Received PO, the OLD (and wrong) Good Received PO also appears in the list.  I tried to reconcile the BP in the BP->Internal Reconciliation->Reconciliation, but still the Good Received PO appears in the Landed Costs "copy from" list.
    Is there a way in Landed Costs "copy from" Good Received PO i can have the already reconciled BP's Good Received PO not appear in the list?
    Any help will be highly appreciated.
    Thank you.
    regards,
    Feroz Dosani.

    Dear Dosani,
    Firstly, it is normal that you cannot create an ap Credit Note directly from the GRPO. When the user needs to revert a GRPO s/he needs to close it with a Goods Return.
    Secondly, what we have to establish now is why you cannot create a goods return PO based on the GRPO even if the GRPO is still open.
    Do you receive any error messages? Is the option G. Return grayed out?
    Please, give us some more information and we will try to help.
    Thank you.
    Marcella Rivi
    SAP Business One Forums Team

  • A/P Invoice from landed Cost

    How can I raise (covert) a Purchase Order that includes other LANDED COSTS into an A/P Invoice.
    This question raises the issue of the additional costs added to a Purchase Order via the Landed Cost procedure which does not seem to add the Extra Cost to the Order?
    thanks
    Robert

    Hi Cesar, Suda
    The issue i am raising is the Total Charged to the Creditor which seems to be short by the amount added to the Landed Cost:
    1 I raise an Item order no 1946 for 1000 items at £2 each = £ 2000
    2. Goods arrive and the Supplier Invoice is for £2000+£250 (other charges) so I do GOODS RECEIVED procedure and Add this document - Journal entry is created for only the £2000
    3. The Supplier Invoice has additional Charges of £ 250 so I go to Landed goods and add £250 Costs, this seems to increase the Cost Per Item from £2 to £2.25 because the Total Invoice is £2.250/1000
    4. The main problem is that when I convert my Order 1946 to an A/P invoice it is only for £ 1000, so the the Creditors (Supplier Account) is only Credited with £1000
    To make this procedure correct (accounting wise) the Landed Cost Document that for £1250 should be converted to an Invoice and not the Original Order for £1000. So what I would like to know, what is the correct procedure to Credit the Creditor with £1250 and Debit Costs of goods with £1250
    thanks
    Robert

  • Landed Cost Question

    I understand the Landed Cost procedure but I am not sure how this cost is added to the A/P invoice
    Example: I receive an Invoice from a supplier ABC for 1000 units at £1.50 cost each = £1500 but on the same invoice I have Other Costs of £300. So my Total Invoice to pay is £1800.
    The problem I have is how to process this Invoice because
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    2. Goods are Received = Goods receipt procedure
    3. Via Landed cost Procedure I add the £300 to costs and it shows me that the Cost per Item is now 1800/1000= £1.80 per item
    4 Now, if I turn my Item Order 1946 into an A/P Invoice, this will miss the extra £300 that my supplier charged and I am not sure how to handle this situation.
    Thanks for your help
    Robert
    I am obviously missing the point about the correct Landed Cost procedure

    Thank you Jimmi and everybody.
    I managed to work out the issue and my understanding is as follows:
    The proper procedure for an A/p Invoice with landed costs should be:
    1. Raise A/P invoice as normal (Order/Goods Receipt) and add the additional cost Using the Freight/Other Costs option. This will Credit the Creditor with the correct ammount and the main ISSUE is that the Freight/Other costs in the setup, should be set to the Landed Cost Suspense Account.
    2. Go to Landed Cost Procedure and add Freight/Other costs as described in the manual - this procedure will automatically Credit the Landed Cost Suspense Account and increase the Stock value accordingly (as set up in the landed cost setup - by quantity or % etc)
    there seems to be a lot of confusion about this procedure but I think that this is correct and there is no need for any adjustment journals.
    thank you
    Robert

  • Fixed Asset procedure For acquirsion Throught Landed Cost

    I Have To Import A Fixed Asset From Foreign Vendor.But How Can i Able Charge Landed Cost To That Asset.means Simple Landed Cost procedure just Cost the Charge to Inventory item But How To Fixed Asset
    Regards
    Naveed

    Naveed,
    Landed cost only supports inventory item in current system design.  You need to do it manually for Fixed Asset.
    Thanks,
    Gordon

  • Landed Cost not showing in Inventory Audit

    I have a query that goes against the OIPF/IPF1 tables to locate all Landed Cost transactions for a particular item. To test/verify the query, I ran the Inventory Audit report for the item. There are transactions returned from the query that do not show in the Inventory Audit report. Is there any reason or circumstance under which a Landed Cost Transaction would not show in the Inventory Audit report. I checked against all warehouses. This does not seem to be a singular event in that I have found random occurences of this for different items yet the majority of the time the Audit Report returns all entries.

    Dear Cristian
    Please check the Following things.
    1)First check audit report for a Single Product.
    2)Select all warehouse in Audit report.
    3) Check you landed cost entry if your JV not pass in landed cost, so landed Cost not reflected in you audit report. (Auto JV not pass in SAP 2005 Version)
    Please check and Let me Know.
    Regards
    Mangesh Pagdhare.

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