Expected Landed Cost

ashishkanishashishkanish Member Posts: 76
Hi All

Client wants to know the expected landed cost ? So please tell how to capture this scenerio in Nav 2009

Best regards
Ashish

Comments

  • st0328st0328 Member Posts: 97
    Hope this Helps,,

    Expected Cost Posting

    Expected costs are the estimate that you make of the cost of, for example, purchasing an item before you actually receive the invoice for the item.

    You can post expected cost to both inventory and to G/L. Whenever you post a document, such as an order or a journal, as received or shipped, a value entry line will be created with the expected cost. This expected cost will affect inventory value, but it will not be posted to G/L unless you have set the program up to do that.

    In order to post expected cost to the general ledger, you must place a check mark in the Expected Cost Posting to G/L field in the Inventory Setup.

    Enabling any of the following; expected cost posting to G/L, automatic cost posting, automatic cost adjustment means that the amount of entries the system creates and the level of detail produced every time you post something will increase. This may reduce the performance of your database considerably.

    Expected costs are posted to interim accounts in the general ledger. If you want to post expected cost, you must set up interim accounts for the relevant posting groups in the General Posting Setup table.

  • Alex_ChowAlex_Chow Member Posts: 5,063
    Hi All

    Client wants to know the expected landed cost ? So please tell how to capture this scenerio in Nav 2009

    Best regards
    Ashish

    Not out of the box. NAV will only get the actual landed cost. What we did for our clients is to use the average landed cost and add it to the unit cost to give the expected landed cost.

    A few of our clients wants the expected landed cost per container, which requires some programming.
  • ashishkanishashishkanish Member Posts: 76
    Alex Chow wrote:
    Hi All

    Client wants to know the expected landed cost ? So please tell how to capture this scenerio in Nav 2009

    Best regards
    Ashish

    Not out of the box. NAV will only get the actual landed cost. What we did for our clients is to use the average landed cost and add it to the unit cost to give the expected landed cost.

    A few of our clients wants the expected landed cost per container, which requires some programming.



    Thank you for your revert. could you please explain in detail.

    Best Regards
    Ashish
  • Alex_ChowAlex_Chow Member Posts: 5,063
    Thank you for your revert. could you please explain in detail.

    Best Regards
    Ashish

    Your customer will be able to explain that better than I can.
  • chengalasettyvsraochengalasettyvsrao Member Posts: 711
    Hi All

    Client wants to know the expected landed cost ? So please tell how to capture this scenerio in Nav 2009

    Best regards
    Ashish

    If you know all Charges at the time of importing then use the Structure concept which is availble for only Indian Localization.
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