Item Charges

Sometimes inbound freight or tooling cost is charged from supplier in the next month.

So sales is recorded Mar, and inbound freight or some other charge items are recorded Apr NAV.

To reconcile them, it is suggested to do accrual inbound freight or tooling cost Mar.

And when actual invoice is reimbursed from supplier, variance is adjusted or accrual is reversed & actual is input.

As I understand, NAV has that kind of function.

Could any one please advise to me how to deal with this?



Instead projecting your freight and tooling cost and posting them in the same month. you can wait for actual invoices and posting them as and when they comes. system calculates all the costs automatically and update the same in inventory and COGS when you run Adjust Cost-Item Entries Report.