(Click on the Copy From option, Select Landed Cost, and Choose the concerned document. Step 4: Create a Separate A/P Invoice for the Broker. (Click on the Copy From option, Select GRPO and Choose the concerned document. Step 3: Create an A/P Invoice for the Vendor. When you are done, choose Add to add the document. Go to Administration > Setup > Inventory > Customs Groups to define the customs allocation and expense accounts. Go to Administration > Setup > Purchasing > Landed Cost to define the landed cost’s allocation account. Add your code and name and allocation by (there are multiple choices on how to allocate) and select OK. You can add new landed cost categories that allocate in different ways by choosing the New Landed Costs button. By choosing allocation by quantity, you decide how you want to allocate the shipping costs across items. Click on the Shipping Row and Enter the cost in the Amount field. Select the goods receipt PO for which items need landed costs added.

Search for the vendors of the original items. Step 2: Create a goods receipt PO (or multiple goods receipts POs) for the order of the items.

Step 1: Create B.P Master data for Vendor and Broker. We will be creating a separate A/P Invoice for the Vendor and the Broker. Landed cost could be a separate invoice which we get from the 3rd party (Broker) who will be taking care of the services involve like Shipping, Storage, Handling, and custom, etc. It has nothing to do with the A/P Invoice of the Vendor. The landed cost document updates the cost of the inventory items with the additional expenses incurred in purchase. SAP Business One lets you track customs, broker, and insurance fees, creating a landed costs document.

Landed Costs are additional expenses that may apply during the import of goods. As I was doing the hands-on I came across this simple step to create the Invoice and payment for landed Cost and thought it would be helpful for the end-user to learn the simple step of creating a landed cost document.įirst, Let’s not get confused with the Vendor invoice (Supplier of the item) with the Landed cost Document (Broker Invoice). This blog post is all about Landed Cost – which occurs during import of the goods.

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