(Accounting) Receiving less than the quantity issued on an internal purchase order, with landed costs and without quality control – Cost per warehouse is active

This transaction increases (debits) the Goods received awaiting costs value for warehouse STO, using the purchase order price multiplied by the quantity received.

Note: When the internal purchase order is created, the purchase price will be retrieved from the Last purchase cost field in the Item/warehouse file, for the receiving warehouse. You can change the purchase price on the internal purchase order, but this will have no effect whatsoever. When the internal purchase order is received, the system will overwrite the purchase price with the Standard cost from the Item/warehouse file for the sending warehouse and use this in calculating the Goods received awaiting costs value and purchase price variance.

This transaction decreases the Goods in transfer for warehouse CEN. When the internal sales order pick list was confirmed, this amount was debited on transaction type 907.

Note: If the Standard cost for the delivering warehouse has been changed manually in the Item/warehouse file during transfer of the goods, this amount differs from the amount debited on transaction type 907 when the internal sales order pick list was confirmed. The value of the goods in transfer has then been re-valued. See (Accounting) Receiving goods when the cost price has been changed during transfer.

This transaction accounts for the difference between the Goods received awaiting costs and the Goods in transfer. Any differences will always be accounted to the delivering warehouse, in this example warehouse CEN.

This transaction increases the stock value for warehouse STO, using the Standard cost in the Item/warehouse file for warehouse STO.

Warehouse STO. This transaction reverses the Goods received awaiting costs transaction that was created when the goods were received.

Warehouse STO. This transaction increases (credits) the landed cost account with the actual landed cost of the insurance.

Warehouse STO. This transaction credits the landed cost variance account with the difference between the actual landed cost and the standard landed cost of the insurance.

This transaction increases (debits) the Goods received awaiting costs value for warehouse STO, using the purchase order price multiplied by the quantity received.

Note: When the internal purchase order is created, the purchase price will be retrieved from the Last purchase cost field in the Item/warehouse file, for the receiving warehouse. When the internal purchase order is received, the system will always overwrite the purchase price with the Average cost from the Item/warehouse file for the sending warehouse and use this in calculating the Goods received awaiting costs and stock values.

This transaction decreases the Goods in transfer for warehouse CEN. When the internal sales order pick list was confirmed, this amount was debited on transaction type 907.

Note: If the Average cost for the delivering warehouse has been changed manually in the Item/warehouse file during transfer of the goods, this amount differs from the amount debited on transaction type 907 when the internal sales order pick list was confirmed. The value of the goods in transfer has then been re-valued. See (Accounting) Receiving goods when the cost price has been changed during transfer.

This transaction accounts for the difference between the Goods received awaiting costs and the Goods in transfer. Any differences will always be accounted to the delivering warehouse, in this example warehouse CEN.

This transaction increases the stock value for warehouse STO, using the net purchase price multiplied by the received quantity plus the sum of the landed costs.

Warehouse STO. This transaction reverses the Goods received awaiting costs transaction that was created when the goods were received.

Warehouse STO. This transaction increases (credits) the landed cost account with the actual landed cost of the insurance.

This transaction increases (debits) the Goods received awaiting costs value for warehouse STO, using the purchase order price multiplied by the quantity received.

Note: When the internal purchase order is created, the purchase price will be retrieved from the Last purchase cost field in the Item/warehouse file, for the delivering warehouse. When the internal purchase order is received, the system will always overwrite the purchase price with the cost price from the corresponding sales order line and use this in calculating the Goods received awaiting costs and stock values.

This transaction decreases the Goods in transfer for warehouse CEN. When the internal sales order pick list was confirmed, this amount was debited on transaction type 907.

This transaction accounts for the difference between the Goods received awaiting costs and the Goods in transfer. Any differences will always be accounted to the delivering warehouse, in this example warehouse CEN.

This transaction increases the stock value for warehouse STO, using the Standard cost in the Item/warehouse file for warehouse STO.

Warehouse STO. This transaction reverses the Goods received awaiting costs transaction that was created when the goods were received.

Warehouse STO. This transaction increases (credits) the landed cost account with the actual landed cost of the insurance.