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ManualDoc:WD1B11CBC0FEF4CA0B44D3BECEBA219BC

All those cost are needed to place the product in the organization's warehouse.

Every time that a landed cost is booked for a product receipt valued at "Average" cost, a landed cost adjustment is created.

Landed costs distributed and allocated to products valued at "Average" cost implies a change in the inventory value of the product. In other words, the calculated cost ("Total Cost") of the product receipt will need to be adjusted same as the "Average" cost of the product.

Note, that the "Unit Cost" of the receipt transaction will not change as this type of adjustments is not a unit cost adjustment type but an "extra" cost.

All of the above will have an accounting impact therefore product inventory value can be the same as product accounting value.

On the other hand, if a landed cost is booked for a product receipt valued at "Standard" cost, no cost adjustment will be created but a "Variance" between the "standard" cost defined for the product and its "actual" cost. This variance which will need to be posted to a "Landed Cost Variance" account, so it can be later on analysed.

Landed cost window allows both:

Landed cost window also allows to post landed costs once processed.

"Estimated" Landed Cost scenario:


"Actual" Landed Cost scenario:

In Summary, landed cost feature follows below detailed steps:

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