Landing Cost: Difference between revisions
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'''<span style=color:red>Posting - A/P Invoice</span>'''
Go to ''<span style=color:red>A/P > A/P Invoice Entry</span>''
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To make it easier to understand the consequences of Landing Cost in Profit & Loss Statement after all necessary entries, i shall use an extreme example where the purchased stock was not sold at all ...
'''Example 1: Landing Cost module is used to adjust the stock value:''' `
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Purchases: 100
Landing Cost: 10
<span style=color:red>(A) if the Landing Cost Account is created under COST OF SALES account type:</span>
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Landing Cost: 10
<span style=color:red>(A) If the Landing Cost Account is created under COST OF SALES account type:</span>
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[[File:LC13.png]]
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