MacPhotoBiker wrote:I am not sure if I quite understand what you mean by "slight difference". Do you refer to the fact the the landed cost is not always exactly the same from PO to PO? If so, then yes, the only way I can see to incorporate the landed cost into stock value is to adjust the purchasing prices before receiving the goods.
i am not a programmer neither an accountant sorry if my language is not technical enough, so i use some example to better express myself ...
we import goods almost every months, the ex-work price we pay to the supplier is almost the same (they usually change the Price List every 2 years), but the real cost of acquisition the goods change every time (fluctuating exchange rates, depending on the quantity, sometime we order 3 pallets sometime we order a full container, some cost is fixed per shipment regardless the quantity or the value, i.e. issuing the master bill of lading, some cost is based on value, i.e. custom duty, some cost is based on quantity, i.e. ocean freight based on weight) therefore every time the real Cost of Goods Sold is slightly different ...
do you have advice how to handle?
i am thinking to use excel sheet and calculate outside FA the real COGS and then update the Purchasing Order so the system will take the latest cost ...
is it a good practice to value the inventory based on the latest COGS?
MacPhotoBiker wrote:I am actually a bit surprised that this has not been implemented into FA so far, since I believe it´s rather simple: All they would need is a couple of fields where one could put both label and amount. Then the total amount is calculated and distributed over the individual lines proportionally either by amount, quantities or just equally (I can´t think of any other distribution model currently).
we are all aware that this is a free open source project, so everything we get is a nice gift, but if we could express some wishes i also would like a more efficient way to handle the Landing Costs
many thanks