Purchase Receipts

Upon posting a purchase receipt for items with an associated Landed Cost, the Expected Landed Cost Amounts are posted to the Landed Cost Ledger. This will credit the accrual account for the Landed Cost Type and will remain as expected costs until an invoice for the Landed Cost is posted.

The Landed Cost Ledger Entries are reflected in the balance sheet and can be analysed to account for future cash out flows.

Each Landed Cost Ledger Entry is linked to its Item Ledger Entry.

Navigate on the Posted Purchase Receipt to view the related Landed Cost Ledger Entries.