FrontAccounting forum — GRN Provision.

Re: GRN Provision.

null@example.com (jonathan46) — Fri, 04 May 2012 13:28:06 +0000

Thanks for the lightening reply.

It is the Inventory Valuation that I want to reflect the inbound shipping and other costs. Should I do this for each delivery by manually adjusting each item's cost, after Front Acc. has averaged the invoiced cost with the old stock?

I was hoping GRN provision did something along these lines automatically.

So can I set Delivery Over-Receive Allowance to say 3% to achieve this,
or is it Invoice Over-Charge Allowance

Jonmathan

Re: GRN Provision.

null@example.com (joe) — Fri, 04 May 2012 11:34:42 +0000

GRN provision is not added tp purchase price. You should calculate sales price either based on a factor added in Company setup, neither is shipping added.

Joe

GRN Provision.

null@example.com (jonathan46) — Fri, 04 May 2012 10:43:00 +0000

What is GRN Provision?

Google, and my local accountant don't help, so perhaps there is another name I could search for.

What does Front Acc. do with them, and what should I do?

If I want my inventory valuation to reflect shipping and other expenses, should I adjust the individual item costs or is this a function of GRN Provision?

Sorry for the barrage of questions, but I expect they would follow on from your first response.

Jonathan46