Tag: Landed cost

How to create a saved search of Item receipts with no landed cost associated

Scenario: The user wants a saved search that lists all item receipts that have no landed cost associated with it. Create a transaction search, define the type = item receipt identify the Chart of accounts of accounts which is used for storing the landed cost GL impact Please find the criteria and results used in… Continue reading How to create a saved search of Item receipts with no landed cost associated

Track and Apply Landed Costs(Summary)

Charges that are required to transport and make a stock item ready for sale are referred to as landed costs. These charges can come from multiple vendors representing a diverse set of expenses such as import fees, inbound freight charges, and stocking of materials. NetSuite provides functionality for defining these charges, capturing them, and applying them to… Continue reading Track and Apply Landed Costs(Summary)

Delete Sublist Subrecord Values in a record in copy context

REQUIREMENT Need to delete or remove the landed cost subrecord values in the item sublist when a copy of the record is taken. SOLUTION We can remove the landed cost subrecord values in a record when a copy of the record is taken. Add the below code snippet in the page init entry point of… Continue reading Delete Sublist Subrecord Values in a record in copy context

Landed Cost > You have attempted to allocate landed costs to a transaction using an allocation method that results in no allocation for any lines in the transaction. The allocation method you chose is “X”.

This message is encounteredon three different scenarios. “You have attempted toallocate landed costs to a transaction using an allocation method that resultsin no allocation for any lines in the transaction. The allocation method youchose is {Method of Allocation selected}. To correct this problem, go back tothe transaction and choose a different allocation method, or modify… Continue reading Landed Cost > You have attempted to allocate landed costs to a transaction using an allocation method that results in no allocation for any lines in the transaction. The allocation method you chose is “X”.

How to Calculate General Unit Landed Cost in Inbound Shipment for Weight

To calculate unit landed cost for each item in an inbound shipment, follow the steps below: Step 1: Determine the Total Weight of Each Item To calculate the total weight of each item, multiply the weight of each item as defined in the item record by the quantity of that item in the inbound shipment.… Continue reading How to Calculate General Unit Landed Cost in Inbound Shipment for Weight

COGS Breakdown with Landed Cost

Scenario 1   The Landed cost amounts associated with an item is added to the actual asset value of an inventory item, allowing you to calculate profitability accurately.  For example, a purchase order has created for an inventory item with amount 5.  The Landed cost is specified in the Item Receipt  The corresponding IR GL… Continue reading COGS Breakdown with Landed Cost