Duty paid to be added on Loading on Inventory while transfer

sureshp

Hi All,

We are using NAV 2009 at one of our customer palce. When we receive the goods from supplier(importer), it will be accounted in Bonded warehoused location with invoice value. Aftersomtime as per requirement of sale, the goods will be moved from bonded warehouse to main warehouse and that point time only we need pay the duty to govt. The duty paid need to accounted as expense and it has to be added into inventory cost.

For that we are tried using transfer order funtion with structure created for duty as other charges. But when we post the transaction the duty amount is getting calculated but it doesn't add to inventory cost but it is posting the expense in credit side.

Can anyone please have a solution, please help me on this.

Thanks & Regards,
Suresh
+91 98407 66160

ssingla

Excise loading can be done by either removing ECC No. on the receiving location or by marking the field "Excise Loading on Inventory" in the transfer line. For more details refer to feature instruction manual of HF 2 of NAV 4.0 SP3 IN version. A lot of scenarios has been explained with example there which needs different configuration.