Landed Cost entries

Hi Experts
Can you please tell me where are the additional Costs added via the Landed costs procedure end up? I realise that the cost of the Unit price in an A/R Order is increased but the Total A/R Invoice does not seem to change to reflect this additional Cost. In other words if my A/R Order is for say £1000 for various Items and I have an additional £300 Landed Costs, my A/r Invoice (converted from the A/R Order/Good Receipt) is still at £1000 and of course this is not correct - where am I going wrong or is there something wrong with the Landed cost procedure?
thanks for yor help
Robert

I managed to find the answer
Robert

Similar Messages

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.

To add cost in already posted Landed Cost document

Hi experts,
i have created an landed cost against an GRPO and added my other costs against the GRPO, and then i have made an A/P invoice against the document, now my GRPO has been closed and the payment to the party has been done.
Later to add some cost against the landed cost, i am trying to use the landed cost option under copy from button by selecting the same vendor. but the earlier landed cost entry is not available for selection.
Kindly guide me with this process.
Regards
Pradeeo

Hi,
It is not possile to change the posting period in a posted document, alternatively you can park the document form the external system and it can be posted in SAP after review by the user.
Thanks and regards
K.R

Landed Cost : Journal Entry

Hello every body.
Something rare is happening to me when I try to make a Landed Cost Journal Entry.
Normally, when I try to do this, the journal entry it comes with just One account (inventory account), but this especial one is coming with 2 accounts:
- Inventory Account
- and Sales Cost Account
I need to know why is this happening?
All items on this Landed cost have serial number management, some of them were invoiced and this is the first time it happens.
My best Regards.
Enriquillo Guingi

Hello Enriquillo,
Please verify the current in-stock quantity of the Item.
If the On-Hand Qty > = Landed Cost Qty, then only the Stock Account will be used.
If the On-Hand Qty < Landed Cost Qty, the landed cost amount will be split between the Stock and Price Difference account.
If the on-hand quantity is currently zero, then everything will be posted to the Price Differenccce Account. This is in the assumption that all the items have been sold. Hence, any further costs pertaining to the sold items will be considered as an extra expense to appear in the Profit and Loss Report.
I hope the above addresses your enquiry.
Regards,
Lorna

Offsetting Entries for Landing cost at MIGO

Hello,
I am doing MIGO for Import purchase order.
But system post account document as follows,
Material Account - Db- 110
GR/IR Account - Cr- 100
Purchase off account - Db - 100
Purchase off Account - Cr - 110
Landing Cost - Cr - 10
Landing Cost - Db- 10
We have purchase account active for company code accordly first four entris are correct, But I dont want offsetting entries to be generate for landing cost
Thank you.

Hi,
   Go to M/06 and maintain the accruel flag for the landing cost condition type. Also, ensure that the condition category is B (Delivery Cost)
   Maintain the accruel key in the pricing procedure in M/08: No need to maintain account key..Maintain accruel key only
   Now, create a new PO and post the GR and check the accounting entries.
Regards,
AKPT

Landed Costs Journal Entry

My customer created a Purchase Order, then a GRPO based on the PO.(both in USD) for different items of different item groups.
They then created Landed Costs based on the GRPO in ZAR.
The journal created the following transactions :
Item Group A to Price Diff Account
Item Group B to Price Diff Account
Item Group C to Price Diff Account and to Stock Account.
For Item Group A & B there was no stock account postings.
Any ideas on how to sort this?
Thank you
Janice

Hello Janice,
The Debit posting accounts in Landed Cost transactions depend on the current In Stock quantity of the item.
If the In Stock Qty > = Landed Cost Qty, then only the Stock Account will be used.
If the In Stock Qty < Landed Cost Qty, the landed cost amount will be split between the Stock and Price Difference accounts.
If the In Stock Qty = Zero, then all the landed costs will be posted to the Price Difference account. This is in the assumption that all the items have been sold. Hence, any further costs pertaining to the sold items will be considered as an additional expense to appear in the Profit and Loss Report.
The above scenarios are described in Note 1161695 entitled Price Difference in Landed Cost transactions.
I hope it helps.
Regards,
Lorna Real

Help needed in Freight / Landed Cost

Hi,
(1) Needed help in finalising the process of freight. In many cases (mostly
interstate) the customer arranges for the transporter to bring the goods to
the factory as the original vendor does not provide the facility of
transportation. Now the customer wants to include this transporation cost to
the cost of the item. Also the transporter will later send the bills
against which they will book it in tally and clear its payments.
How can the above be achieved. I cannot use the freight component in the GRN
as it charges the same to the original vendor (and not the transporter).
Also if i try to use landed cost then it ask me for some landed cost default
allocation account.
(2) Also in cases when the customer is importing some item, the bill of entry
takes some time to come to the office after the actual GRN of goods. Now as
soon as the material arrives and GRN is done the stores issues it to
production for consumption. Now since landed cost has still not be booked
and the item is already consumed what would be the implications?
Pls answer if you have any suggestion if i am using the same item code both
in imports as well as local purchases.
Regards,
Rahul

Hi,
In Your first case,
you can use landed cost functionality to increase your item cost by the freight value and then use service invoice to raise pay the transporter.
regards
Md.nazeer shaikh

Landed Costs in B1 2007 A

Hi:
In landed costs in 2005 we used to have a facility to allocate the landed costs and while passing a JV - we used to select the corresponding vendor to pass the necessary entry as an account by pressing shift tab. The new version 2007 does not allow you to select the BP at all. Is there a way when we import we will be able to pass entries to the vendor (for clearing and forwarding expenses invoices) and debit the corresponding clearing and forwarding expenses.
regards
Manian

Hi
I have gone through the documentation on landed costs and it is not that well drafted as is not conclusive.
I have 2 problems:
1. Previously in 2005 you used to add the landed cost and then later create and post the journal, now it seems that once you add it posts automatically. Can we stop this in any way and work on the old method?
2. Currency - in 2005 you would change the currency to USD for example when putting in the ocean freight amount etc and all other costs in USD and then change to local currency for all the other costs which are in the local currency. It does not seem to allow you to do this anymore or is there some tab or button i need to change. We need this function!
Kindly assist as soon as possible.
Regards,
Shaun

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.

Landed cost

Hi,
What is landed cost??
Is it automatically posted when we create a document in SAP Business One 2005?
Is every company suggested to have landed cost?
Thanks

Hi,
Landed costs have to be allocated for imported items in order to calculate their real cost.
Landed costs include the air or sea transportation, insurance, storage, and so on. To assign each imported item to its relevant landed cost, allocate these costs to the various items according to a certain criteria.
The above explanation is taken from the Help.
Generally the landed cost is to be calculated for purchase items other than the material cost like freight, carriage inward etc.,
Let us assume in purchase bill vendor has billed for only Rs.1000/- inclusive of all taxes etc., After wards the cost occured during the transportation say 100/- then the purchasing price will be added with this amount and totally Rs.1100.00.
In B1 you need to handle in such a way that first GRN to be entered then that particular GRN will be opened in the Landed cost document and add the additional cost occured then save it.
Then again open the entered the document entered, and open the "Journal" tab press the create jounral button. This will Open the Journal entry form and pass the JV. As soon as pass the JV, the additional cost will be added to particular item warehouse wise then you can see the item cost in the item master --> INventory tab.
Mostly this calculation will be done for imported materials.
Hope this will help you
Regards,
Venkatesan G.

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

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
and he wants to know how much revenue and expenses are getting on that
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.
Ex:-
Having 4 GRPO's with project A, B, C and D respectively.
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
Transport    -- --- -- -- --- --- Credit for Project D
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
and for every G/L account (expenses and revenue only ) u can predefine the Profit Centres
so for example the landed cost is 'A' you can assign 'X 'G/L Account to it so u can assign ' Y 'Profit Centres to 'X' G/L account it means whenever you SELECT landed cost 'A' in Landed document with 100 Rs it will hit Profit Centres ' Y '
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

LANDED COST NEEDED DURING INVOICE

Hi
while doing STO from plant to plant in same company code after doing VL10B and VL02N while doing invoice JI1S Mat assessable value is picking from ji1d, here i want landed cost. that is the po in condition .here how can get the landed cost to J1IS without changing in j1id .kindly help me in this regard
regards
kumar

Hi,
The problem might be caused by the missing setting from standard, that you are using movement type 651 for your schedule line and that this movement type is maintained differently compared to standard 601. The solution therefore would be to maintain an entry in table T156SC for movement type 651, which you've already check in OMJJ.
However, the transaction omjj has a lot of database table, so you have to double-check if the following tables for movement type 651 comparing to movement type 601 is different or not.
Tables: T156SC, T156SY,T156X
BR,Ajay M

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,

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

Landed Cost entries

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