Landed Cost Voucher

A Landed Cost Voucher spreads extra costs of bringing goods in, such as transport from Birgunj, customs duty and insurance, across the items on submitted Purchase Receipts, raising each item's valuation rate so later deliveries charge the true cost to Cost of Goods Sold. The charges are allocated by amount or by quantity, and each row names the account the charge is credited to, normally Expenses Included In Valuation - YFF. On submit it posts Dr Stock In Hand - YFF for the total charges and Cr that account, and reposts the valuation of stock already delivered since the receipt. The transporter's bill is then booked to the same account so it nets off. Vouchers lock on submit.

Charge allocated to an item = total charge x (item amount / total receipt amount), or by qty share when chosen

1. 01Go to Stock > Landed Cost Voucher > New.
2. 02Add the submitted Purchase Receipt rows under Purchase Receipts and click Get Items.
3. 03Choose Distribute Charges Based On: Amount or Qty.
4. 04Add Taxes and Charges rows: description, Rs 2,000 freight, account Expenses Included In Valuation - YFF.
5. 05Check the Applicable Charges column per item.
6. 06Submit. The entry above posts, item valuation rates rise and the voucher locks.
7. 07Book the transporter's Purchase Invoice to Expenses Included In Valuation - YFF.

Create under Stock > Landed Cost Voucher against Purchase Receipts. Submitted vouchers lock.

Add Rs 2,000 freight to the chairs, raising their stock value to Rs 42,000.