The following describes the accounting transactions that are created when items on a BtB direct delivery are received. These are items on a purchase order belonging to an order type with the Direct delivery field set to YES in the Purchase order type table. The order has landed costs of Airfreight and Insurance. See (Accounting) Invoice a BtB direct sales order for a description of the accounting transactions created when the corresponding BtB direct sales order is invoiced.
Cost type = Standard cost
Prerequisites
The following prerequisites apply if the cost type is Standard cost:
| Quantity received | 125 |
| Purchase price | 25.35 |
| Standard purchase price | 25.00 |
| Standard landed cost (Airfreight) | 3.00 |
| Standard landed cost (Insurance) | 2.00 |
| Item standard cost | 30.00 |
Created transactions
| Transaction type | Description | Amount Debit |
Amount Credit |
Calculation/Result/Additional info | |
|---|---|---|---|---|---|
| 933 | Goods received awaiting costs | 3168.75 |
This transaction increases (debits) the Goods received awaiting costs account using the net purchase price multiplied by the received quantity. |
||
| 930 | Reception from supplier | 3168.75 |
This transaction is the purchase value that is normally credited on a Reception from supplier account in Financials. |
||
| 904 | “Stock value” direct delivery | 3750.00 |
This transaction increases the stock value, using the item standard cost multiplied by the received quantity. Note: If “Cost per warehouse” is active then the Standard cost used will be the one for the warehouse into which the goods are received. |
||
| 933 | Goods received awaiting costs | 3168.75 |
This transaction decreases (credits) the Goods received awaiting costs account using the net purchase price multiplied by the received quantity. |
||
| 932 | Landed cost – Airfreight | 375.00 |
This transaction increases (credits) the landed costs account for the airfreight using the standard landed cost of the airfreight. |
||
| 932 | Landed Cost – Insurance | 250.00 |
This transaction increases (credits) the landed costs account for the insurance using the actual cost of the insurance. |
||
| 934 | Purchase price difference/stored | 43.75 |
This transaction accounts the difference between the standard purchase price and the actual net purchase price multiplied by the received quantity. |
Cost type = Average purchase cost or FIFO
Prerequisites
The following prerequisites apply if the cost type is Average purchase cost or FIFO:
| Quantity received | 125 |
| Purchase price | 25.35 |
| Airfreight | 3.00 each |
| Insurance | 2.00 each |
Created transactions
| Transaction type | Description | Amount Debit |
Amount Credit |
Calculation/Result/Additional info | |
|---|---|---|---|---|---|
| 933 | Goods received awaiting costs | 3168.75 |
This transaction increases (debits) the Goods received awaiting costs account using the net purchase price multiplied by the received quantity. |
||
| 930 | Reception from supplier | 3168.75 |
This transaction is the purchase value that is normally credited on a Reception from supplier account in Financials. |
||
| 904 | “Stock value” direct delivery | 3793.75 |
This transaction increases the stock value, using the net purchase price multiplied by the received quantity plus the sum of the landed costs. Note: Normally you should account transaction type 904 on a different account to transaction types 901, 902, 903 and 917 in Financials as the stock value in Distribution is not updated for items with direct delivery. Therefore you will never be able to reconcile the stock account in Financials with the stock valuation list in Distribution if you account these five transaction types on the same account in Financials. Note: When you receive items on a purchase order with direct delivery there is never any re-calculation of the average cost. Note: When running average or FIFO costing, the cost from the purchase order line is used to update the cost on the linked sales order line. In certain circumstances, for example where the purchase unit is not the same as the sales unit, a rounding difference may occur, when this happens a 904 and a 944 transaction type are created at goods reception to account for this. |
||
| 933 | Goods received awaiting costs | 3168.75 |
This transaction decreases (credits) the Goods received awaiting costs account using the net purchase price multiplied by the received quantity. |
||
| 932 | Landed cost – Airfreight | 375.00 |
This transaction increases (credits) the landed costs account for the airfreight using the standard landed cost of the airfreight. |
||
| 932 | Landed cost – Insurance | 250.00 |
This transaction increases (credits) the landed costs account for the insurance using the actual cost of the insurance. |
Related topics
- Overview of accounting transactions during goods reception
- (Accounting) Receive goods without quality control, no landed costs and with cost type Standard cost
- (Accounting) Receive goods without quality control, with landed costs (no cost check) and cost type Standard cost
- (Accounting) Receive goods without quality control, with landed costs requiring a cost check and cost type Standard cost
- (Accounting) Receive goods without quality control, with landed costs and cost type Average purchase cost
- (Accounting) Receive goods without quality control, with a landed cost and cost type FIFO
- (Accounting) Receive goods without quality control and with a landed cost into transit stock
- (Accounting) Receive fictitious items, and items with no stock update, no landed costs and with cost type Standard cost
- (Accounting) Receive fictitious items and items with no stock update, with landed costs and cost type Average purchase cost or FIFO
- (Accounting) Receive goods with quality control, no landed costs, cost type Standard cost
- (Accounting) Receive goods with quality control, landed costs (no cost check) and cost type Standard cost
- (Accounting) Receive goods with quality control and landed costs requiring a cost check with cost type Standard cost
- (Accounting) Receive goods with quality control, landed costs (no cost check) and cost type Average purchase cost
- (Accounting) Receive goods with quality control, landed costs requiring a cost check and cost type FIFO
- (Accounting) Receive goods FOC without quality control, no landed costs and with cost type FIFO
- Overview of accounting transactions during invoicing