G/L accounts for landed costs are required only for companies that run a perpetual inventory, as posting a landed costs document for these companies automatically creates a journal entry. Therefore, if your company manages a perpetual inventory, you must define the accounts specified below.
Landed costs allocation account: G/L account for clearing non-customs expenditures (reposted through a landed costs document) between the A/P invoice (service type) and the landed costs document
Customs allocation account: G/L account for clearing customs expenditures (reposted through a landed costs document) between the A/P invoice (service type) and the landed costs document
Customs expense account: G/L account relating to customs expenditures from a landed costs document distributed to a particular customs group
From the SAP Business One Main Menu, choose
.In the Landed Costs – Setup window, specify the landed costs allocation account.
Choose the Update button and then the OK button.
From the SAP Business One Main Menu, choose
.In the Customs Group – Setup window, specify the customs allocation account.
Choose the Update button and then the OK button.
From the SAP Business One Main Menu, choose
.In the Customs Group – Setup window, specify the customs expense account.
Choose the Update button and then the OK button.