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Landed cost not added to product costing properly?

By
Damian Phang
on 3/29/15, 9:48 AM 402 views

Product = Real Price. Freight-in = Real Price + Can Constitute as a landed cost. Set a product as 1000, buy 20 of them = 20000. Set a shipping cost = 500, buy 1 of them. Average price should be 1025. When I created the landed cost, I can see the journal showing all costs being accounted for. But when I sell the product, all I see is 1000 as the cost, not 1025. Please advice how to get this right.

Also, the product costing is not right on the first product sold. It will show costing as 0. This resulted in 100% margin. When selling for the second time, the product costing will be in effect, but it is 1000, not 1025.

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Asked: 3/29/15, 9:48 AM
Seen: 402 times
Last updated: 3/29/15, 9:48 AM