How to Reverse Landed Cost

Hi,
How ro Reverse Landed

hi,
choose Data from the menu bar and choose Cancel. After you cancel the landed costs document, it is impossible to create a journal entry for it or to make any changes.
The status Cancelled appears in the Journal Remarks field.
Jeyakanthan

Similar Messages

How to reverse landed cost on open A/P Invoice

Dear Support
Please be so kind to assist wiht the following issue: I need to reverse landed cost from a open A/R Invoice # 72223
Purchase Order # 125025
Goods Receipt # 16426
Landed Cost 15332
A/P 72223
If i select the A/P invoice and copy to A/P Credit memo and preview the journal remarks first, the following error occurs
"Quantiy falls into a negative inventory"
My Question however are if I do proceed with this function, will this rectify the landed cost?
Please view the screen shots attached for investigation as well as the journal remarks on each document
Inventory Posting List:
The reason for not posting to the stock account is because the AR Invoice was been done before the landed cost has been processed:
At the time of landed cost there were no stock on hand, this has been the reason why the amount has been posted to the Price difference ledger account and not the stock account.
Your response will be much appreciated
Kind regards,
Ilze Fourie

Dear Nagarajan
Thank you for your response, much appreciated!
Attached please find the screen shots
Kind regards,
Ilze Fourie

Reversing Landed Cost document with more than one vendor

Hi Experts,
Reversing Landed Cost document with more than one vendor:
My client can reverse a landed cost document with One Vendor, but cannot with multiple vendors. I have also tested this in 8.8 PL10. Here is a brief description:
Created Landed cost by selecting 2 vendors in the Vendor field.
After you picked one vendor, you go to the vendor code/name again then choose another vendor you
need, once you picked, the system will ask you whether you want to delete the previous data, then
you say no, after then you will see the vendor name became "different vendors" and code be "********"
(on the vendor tab: you will see two vendors)
To Reverse Landed Cost we do the following with Landed Cost documents that only have one vendor:
I can copy from the Landed Cost document (on the right-bottom corner) while creating new one with
zero amount to reverse, which is ok; but for multiple vendors, the list of vendors onlyshows one of
the vendors for Good Receipts & Landed Cost.
Cannot copy from a Landed Cost document wioth more than one vendor to reverse this Landed Cost.
To be albe to copy from a previously created Landed Cost document (with multiple vendors) as you
can with one vendor to reverse the transaction.
Can this functionality be added to future versions?

Take a look at business area and groupings in they payment program settings...
I am not sure what version you are on but the following link for 4.7 should provide some valuable information...
http://help.sap.com/saphelp_47x200/helpdata/en/01/a9be64455711d182b40000e829fbfe/frameset.htm
http://help.sap.com/saphelp_47x200/helpdata/en/01/a9be64455711d182b40000e829fbfe/frameset.htm
Grouping Open Items and Individual Payments
Wherever possible, the payment program will always group items together for payment.
The payment program can only group together open items for payment if the open items in an account have the same:
1. Currency
2. Payment method in the item
3. Bank in the item
4. Contents of the grouping fields (if a grouping key is specified in the customer or vendor master record)
You can also pay open items from different company codes together, as well as customer and vendor line items.
Items in an account are not grouped together if you:
1. Make payments separately per business area. This procedure entails separate payments being created per business area.
2. Want to make individual payments
Items in which a payment method is specified are not grouped with items in which no payment method is specified.
You define the required grouping key in the IMG for Financial Accounting under Accounts Receivable and Accounts Payable -> Business Transactions -> Outgoing Payments -> Automatic Outgoing Payments -> Payment Method/Bank Selection for Payment Program -> Define Payment Groupings.
In our system, if the business area is the same, there will be one ZP document with one line with a posting key of 25. Otherwise there will be many individual 25 posting key lines with.

How to reverse network cost

Hi All,
Can someone tell me how to how to reverse network cost
done thru cj9k
to bring back the project to its originall status
Thanks,
Regards,
Mercy

Hi Mercy,
The CJ9K do the plan costs calculation, the FI posting and purchase cause the actual costs and commitment. They have nothing to do with each othter.
To reserve the plan costs is somehow strange requirement. To remove the costing reporting information, the CJEN (with delete flag set) may the right one. But there is no transaction to reserve the plan costs. You can initialize the costs relevant information, e.g. planned work = 0, then re-calculate the network.
Kind regards,
Zhenbo

How to Cancle Landed Cost

Dear All CAn we cancle Landed Cost in SAP B1 2007 B

Hi,
You can't cancel created landed cost. For more detail about this, read the sap note 1081792. This note is particularly for B1 2007A but can also be used as a reference in B1 2007B.
However, you could create a manual JE to reverse the JE of created landed cost.
If you want to correct or edit the created landed cost, you could use landed cost --> copy from --> landed cost. If the landed cost is closed, you can't edit it except cancel its JE only.
JimM

Landed costs

Hi All,
This is a question on landed costs for imported materials. I have created a PO for an item having a value of INR 650, [ex.rate u2013 48/-] qty u201310. I have created landed costs after a/p invoice. I gave freight amt as 20 usd, customs value was 42.26. In fixed costs I had chosen u2018cash value before customsu2019 as 135.42 and u2018cash value after customsu2019 as 177.68. Here I donu2019t know the importance of u2018factoru2019 tab. Now if I see the landed cost document , it is showing u2018expected customs(FC)u2019 as 202.85, freight it has taken as 31.31, warehouse price as USD 2477 , I had entered u2018actual customsu2019 as Rs.2028.50. On this basis the total is getting changed. How the calculation is happening? Can anybody throw some light on this ?
Regards,

Check this document, How To Manage Landed Costs in Release 2007 A
[https://websmp201.sap-ag.de/~sapidb/011000358700000463992008E.pdf]

Landed cost problem

Sir it is ok that by t-code MIRO we can mention freight details but how to get LANDED cost .
I am on-line .

Hai,
Create one condition type for Landed cost - freight and assigned to your pricing procedure.So that it will flow.

Broker In Landed Cost Form

Hi Experts,
how can i set a account for different brokers in purchasing -> landede cost.
when i enter the landed cost it's not crediting the broker account. what is the solution?
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

Reverse Planned Costs

Can someone tell me how to how to reverse Planned Costs by the transaction CJ46. I need reverse planned costs, but can not by transaction CJ46.
If there is any way to launch a negative cost estimate also serves.
Thanks
António Pinho

Not work
But thanks
Edited by: FPinho on Feb 8, 2010 5:25 PM

How the Landed Cost Absorption will be null

Dear ,
I create a new PO amount is 1000 $ with landed cost shipment is 50 $ . After received the shipment system creates the following GL entries.
Receiving Entry :
DR Accrual Account = 1050
     CR Accrual Account = 1000
     CR Landed Cost Absorption = 50
Material Entry :
DR Inventory Account = 1050
     CR Accrual Account = 1050
After create a invoice and match with receipt and shipment the "Accrual Account" is "0" which is ok. But what about Landed Cost Absorption which is still reamins the balance in GL "50" $ after complete the full cycle. Please advise when or how the Landed Cost Absorption will be "0"

Hello
Please accept my appology for this delay,
I know it is too late for this reply, but I just following this discussion for the general benefit of this community (sure, if you still following this, it will be greate)
Generally, by referring to Oracle Support Document ID 782920.1, Landed Cost Absorption account should not be zero if the following conditions are met:
1. Default Charge Account (in Receiving options of LCM enabled organization) is different that account used for Landed Cost Absorption Account, and
2. Estimated LC amount differs than Actual LC
Accordingly, the opposite is true, you have to use the same account for LCM charge and absorption and LC estimated amount(s) are the same as actual LC actual charge amounts
For complete explanation just review the following oracle support document:
How Landed Cost Management and Accounts Payable Accounting flow (Doc ID 1310019.1)
Regards

How to Modify a Landed Cost Document

is it possible to modify the landed cost document after journal entry is posted.
We would like to add a new landed cost component to the document after the journal entry was posted.
Is there a way to add a new component / cost to the document after the journal entry is posted.

As far as i know, you can't. Once the journal for the relevant landed costs is posted SBO automaticaly closes the landed costs document. Interviening with this is interviening SAP logic. Higly not advised.

How to prevent or undo Landed Costs JE transaction in 2007 and 8.8

Hello,
My client prefer Landed Cost module in 2005 version as we can choose not to post JE transaction and Landed Cost is only used for recording purpose. However, in 2007 version JE is automated and Freight charges and other costs have already taken in by AP Inovice. Please advise.
Thanks & Cheers'
Vince

Hi Vince,
I don't think there is option to prevent Landed Costs JE transaction in new version. If your Landed Cost is only used for recording purpose, I would suggest you do not add it to the system. You may put them as remark.
It is no point to undo JE because it is time consuming and error prone process.
Thanks,
Gordon

How can I modify a Landed Costs with multiple vendors

Normally, you just open a new Landed Costs, select same vendor as the original, and choose Copy From > Landed Costs, select original and modify!.
With multiple vendors the "Copy from" lists just turns out empty.
I have searched similar cases but the newest post i found was from 2009 and was not resolved.
I'm using SAP B1 9.0

Hi,
Tested in 8.81 version PL10.
1. If there is no landed cost for both vendors, the list of land cost is empty. Make sure vendors that selected in landed cost should have landed cost
2. If you add multiple vendor, system will show landed cost document for second vendor not for first vendor.
Thanks & Regards,
Nagarajan

SAP Landed Cost crash

Hi,
Appreciate some advice here. Our client has an item A1000 with volume = 58,912,000.
After process a landed cost with this item A1000, SAP cannot open this landed cost.
It will try to load it, and then close the screen with an error message 'Money Overflow'
Has anyone encounter such problem and how do you resolve it?
I have logged a case with SAP support center and am aware that this is a bug to be fixed. However, a solution needs to be available to our client now.
Really appreciate some advice here.

Hi,
Do this problem / error appears after you added the landed cost to a certain GRPO and created landed cost journal ?
Another guess is that you have processed landed cost and created a journal for it and when trying to do that, you've got the error.
If you want to amend the value where the FOB price included landed cost has been created the journal, I think you must manually reverse the transaction using journal entry manual but I am not so sure for this.
Rgds,

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

How to Reverse Landed Cost

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