What's new in Customer Journeys?

Connect and learn more!
How can manage Insurance absorption in imports — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How can manage Insurance absorption in imports

Accepted answer
15
Views
1
Comments

Summary:

In our scenario under the process of import of cars, our legal entity pays insurance but one time to year but needs to add the specific portion of insurance for the specific import.

Example

They pay $1 million by year one time of insurance and pay one time this amount

They import cars during the year, establish a percentage of the total insurance, and add to the cost of the car. like a landed cost

How can to accomplish this requirement if not using landed cost in receiving accounting?

Can use overhead absorption in costing?

I appreciate the suggestion and best practice.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!