11 Jan

Landed Costs (SAP Business One)

The cost price is the total amount spent on the procurement of goods until they are stored in the company. It is made up of the purchase price of the goods and the procurement costs.

Versino Financial Suite

 

Components of the cost price:

  • Purchase price of the goods
  • Purchase costs such as:
    • transportation costs
    • Insurance costs
    • Customs duties
    • Taxes and other import duties

function in SAP Business One:

  • The landed costs document is used to properly allocate these additional costs to the relevant items of a delivery.
  • The costs are allocated to the individual articles according to a defined key.

Accounting effects:

  • When using the Continuous inventory management When the goods receipt price document is created, a automatic Journal entry generated in the accounting system.
  • This booking updates the Moving average price and the FIFO-Price of the articles concerned.
  • Will No continuous inventory management is used, no journal entry is made in accounting.

Versino Financial Suite

the Versino Financial Suite supports the correct recording and posting of the cost of goods received in SAP Business One, which includes all costs for the procurement and storage of goods. With automatic postings and transparent overviews, the Versino Financial Suite makes it easier to manage the cost of goods received, improves warehouse valuation and optimises cost accounting and financial processes as a whole.

Connection with stock valuation:

  • The cost price has a direct influence on stock valuation.
  • It represents the actual unit value of an item on receipt of goods.

Reference to asset accounting:

  • In asset accounting, these costs correspond to the Acquisition and production costs.
  • They are necessary in order to properly recognise the asset as a fixed asset.

Summary:

The landed costs in SAP Business One include all costs that are necessary to make an item available in the camp are incurred. It forms the basis for correct stock valuation, influences booking prices and is automatically taken into account by the system - especially when continuous stock management is activated.

 


E-invoice check

E-Invoice check by Versino Financial Suite

An e-invoice is quickly generated. SAP Business One includes the XRechnung feature as standard, and those who use cks.eINVOICE or the ...
Versino Accounting Service

Versino accounting service

Bookkeeping should run quietly. Vouchers come in, are posted, the VAT return goes out, and the tax advisor also gets a ...
Cash flow forecasting SAP B1

Cash flow planning in SAP Business One: What the Versino Financial Suite does differently

Cash flow planning is considered a done deal in many medium-sized companies. After all, there are bank statements, there are open items, ...
Webinar Versino Financial Suite

Two free webinars in July: Experience the Versino Financial Suite live

In 90-minute sessions, we'll show you practical ways to harmonise, streamline and automate your accounting in SAP Business One….
E-Invoice-International

E-Invoicing 2026: What is changing now for SMEs and SAP B1 users

The e-invoice has moved beyond the theoretical IT project phase. Since January 2025, the obligation to receive e-invoices applies to all domestic companies — ...
SAP Business One Netting and Accounts Payable

Netting in SAP Business One: What makes the Versino Financial Suite different

When a business partner is both a customer and a supplier, that sounds like a comfortable situation. You know each other, you trust...
Wird geladen …