11/27/2022 0 Comments Define sap business oneOnce these accounts have been defined, the system message will no longer appear when adding the Landed Cost Document. In both cases, select the drop down menu and either select the relevant account or select New and create a new account. Or Inventory -> Item Master Data -> Purchase tab -> Commission Groups. In order to suppress this message from appearing, the expenditure and customs expenses accounts have to be defined in the Customs Allocation Account and Customs Expense Account fields in the Customs Group window located at one of the following paths: Administration -> Setup -> Inventory -> Customs Groups When no accounts are defined in the Customs Groups setup for the costs selected in the Item Master Data, the above error message appears. This system message indicates that the custom group assigned to the item ( Inventory - > Item Master Data -> Purchasing tab), selected in the Landed Cost -> Items tab, does not have either a custom allocation account or an expense allocation account defined.ĭepending on the selection in the Landed Costs, custom-related expenses may be posted as increases to the customs expense account or stock account and the custom allocation account. In the Landed Costs, the cost assigned to the custom group is also recorded in the Landed Costs JE.Īdding a Landed Cost may trigger the system message: 'Both expenditure and customs expenses are missing ' Both expenditure and customs expenses are missing The accountant has to assign the relevant accounts in the Landed Costs - Setup window once the different types of landed costs have been defined.Ģ. Or Purchasing - AP -> Landed Costs on the Costs tab, push the button New Landed Cost, see example above. The allocation accounts are defined under: Administration -> Setup -> Purchasing -> Landed Costs When the allocations accounts are not defined, the above error message will be displayed. Therefore, allocation accounts for Landed Costs have to be defined to allow the creation of the JE for the Landed Cost. This JE contains both the landed cost allocation account associated with the landed cost code assigned in the Landed Cost and the stock account. In SAP Business One 2007 A, a journal entry (JE) is automatically created once a Landed Cost transaction is posted. In some cases, when trying to add a Landed Cost, the following error message is displayed and the Landed Cost cannot be added. The expense assigned to each transaction is then assigned to the landed cost code in the Landed Cost ( Purchasing -> Landed Cost). The Landed Costsfunctionality ( Purchasing -> Landed Costs) is used to record these additional charges to the total cost of the item.ĭuring the initial set up, each type of landed cost expense is defined under Administration -> Setup -> Purchasing -> Landed Costs. The import of these goods incurs extra costs such as shipping, customs duty, among others. In the following example, goods such as 'Mist Humidifier Lamps', are imported from different parts of the world. Landed costs allocation account has not been defined
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |