With this scenario, while you are entering a receipt in the Purchase receipts (PO302000) window, you also enter the
landed costs whose codes specify that they are applicable in the Purchases
workspace or in both the Purchases and Supplier ledger workspaces.
On the Landed
costs tab of the window, select the landed cost code and specify the landed
cost amount.
When you release a receipt with landed costs specified, the following documents are
generated:
If the inventory adjustments were not created, which can happen if some of the accounts and
subaccounts required for landed cost processing were not specified for stock items mentioned in the receipt, you use the Release landed costs from purchase invoices (AP506500)
window to generate these adjustments.
The receipt is visible on one
window, the other, or both, depending on the application method (From purchase order , or
From both method) selected for the landed cost code.
When you need to enter the landed costs of a specific type on the purchase receipt,
if the exact amount of the landed costs is not known, you can enter the estimated
amount under this landed cost code.
Later, when the exact amount becomes known, on the purchase invoice generated
for the receipt, you can manually adjust the amount of the landed costs.
The
difference between the previous amount and the adjusted amount is automatically
added to the Landed cost variance account specified in the Landed cost codes (PO202000) window for the landed cost used on the original receipt.