Landed Cost on Costing Method Average (AVCO)by MODSAID
Set costing method is average cost (AVCO)
Show product after set costing method in product category is average cost (AVCO)
Create Purchase Order to the same product configured
Receive and validate shipment
after confirm PO, recieve and validate shipment
Show cost of Product
show cost of product after validate shipment
Landed cost product
Create land cost product either from landed cost type menu from Configuration Menu in inventory module or from Product Menu but set product type is service and check land cost boolean field from accounting tap in product profile
Vendor Bill and Create Landed Cost
Create vendor bill of landed cost and after validate bill directly create landed cost from the same vendor bill by click on Create Landed cost and select shipment. Note: can you show landed cost from inside vendor bill in any time by click on smart button land cost
Compute and Validate Landed Cost
After create Landed cost and select shipment,, click on compute Button to divide cost on product in shipment and after that click on validate landed cost
Product Cost is Updated as per Average Costing Method.
You can show product cost after landed cost either from product profile or from inventory valuation report
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