Understanding Landed Cost Journal and Cost distribution

Once you have validated a landed cost you will have a valuation tab, so navigating into that will show you how the landed cost has been capitalized to the products

 

01. Click on the Valuation tab>> Click on the Arrow 

 

02. Under the Other Info tab click on the Journal entry

03. Here you can see stock purchased in advance account has been credited which was in debit earlier while we are creating the bill and Trading in stock hand account has been debited with the landed cost. This will add up the value in the inventory.

You may also check how this landed cost is reflected on your product

1. By going to Inventory > Reporting > Valuation.

2. Then from here, search for the product.

3. With the relevant addition to the product, you will see the added cost to your product respectively without any effect on the quantities.