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These entries can be viewed from Inventory > Material Transactions > Distributions
These entries get created in mtl_transaction_accounts
Once the Actual Landed Cost is calculated, LCM will populate this information in cst_lc_adj_interface with
rcv_transaction_id corresponding to the receipt to which the invoice is matched. Then the adjustment entries would get
created as given below on running the Landed Cost Adjustment Processor
These accounting entries can be viewed from Receiving Transaction summary > Transactions > Tools > View Accounting
These entries get created in rcv_receiving_sub_ledger
If this Average cost update happens for updating the item cost with the difference between Actual and Estimated landed cost for an item which
has 0 or negative on-hand quantity, then the accounting entries would be as follows:
These entries can be viewed from Inventory > Material Transactions > Distributions
These entries get created in mtl_transaction_accounts
The link between the Receiving transaction and Average Cost update is done through txn_source_line_id. Rcv_transaction_id of deliver
transaction is stamped as txn_source_line_id in mtl_material_transactions for the LCM adjustment transaction which has the transaction
type as Average Cost Update.
Default Charge a/c DR @ invoice price (This charge a/c is defined in Receiving options)
Liability a/c CR @ invoice price
6. Perform Return transaction or negative correction after invoice is accounted and actual landed cost is calculated
These accounting entries can be viewed from Receiving Transaction summary > Transactions > Tools > View Accounting
These entries get created in rcv_receiving_sub_ledger
These entries can be viewed from Inventory > Material Transactions > Distributions
These entries get created in mtl_transaction_accounts
Note:
1. Estimated and Actual Landed Cost are always inclusive of PO price and Non-Recoverable tax.
2. Landed Cost Absorption account need not be having zero balance at the end of this procure to pay cycle in LCM enabled organization. It will be zero only
if default charge a/c defined in Receiving options is same as the landed cost absorption a/c and Actual landed cost is same as the Estimated landed cost.
3. Accounting entries for Expense POs and Shopfloor destination POs has no impact as Landed Cost Management is not applicable for Purchase Orders with
Expense and Shopfloor destination.
4. Landed Cost Management has no impact on the Encumbrance Accounting as the PO gets reserved at PO price and it gets reversed at PO price only even
though the actual charge account get hit at landed cost.
5. Retroactive Pricing is not supported in LCM enabled organization and hence retroactive price update program will not create the retroactive price
adjustment entries in Receiving subledger for the receiving transactions created.
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