There are many companies that import their products from other countries. When they do this they get multiple invoices from various vendors.

For example, Company ABC orders Items from a foreign country. They create a PO, get the goods and invoice. This is all recorded in the Sage 100 Purchase Order module, by processing a PO, receipt of goods, and invoice. The issue is they get other bills such as Freight from UPS or some other carrier. They may also get another bill from Customs, etc. The question that comes up is how do I enter these invoices into Sage 100 to increase my inventory valuation? If you enter it in AP, you can Expense it but it does not hit the inventory value. The other issue is that you cannot create a PO with a Misc Charge to add the value to an item without increasing the Item's Qty on Hand. Perhaps, there should be some type of checkbox to selected Landed Cost by Line Item and select an Inventory Item so that a charge can be added to that item.

Any suggestions are appreciated since there needs to be a better way of doing this since all the invoices are received at various times.

by: Alain S. | over a year ago | Sales & Distribution