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How to calculate Landed cost in Inbound Shipment record using weight Allocation?

edited Apr 28, 2023 7:17AM in Ask A Guru 3 comments

Hi,

I have a query on how the landed cost is calculated using weight allocation.

Consider a case where there are two purchase orders with 3 items.

We have created an inbound shipment for the same and added the landed cost.

NetSuite creates two item receipts.

One item receipt with item 1 and another with item 2 and item 3.

The details are below.

In the NetSuite Inbound Shipment record,

Only one landed cost category is given.

Total Landed Cost entered in one category = $1,634.02 in USD

Item 1: Qty = 120, Transaction Unit = 500/OUTER, Item Weight in item record in KG = 0.0281 kg, PO Rate = 49.25, Amount = 5,910.00, Currency = US Dollar (Purchase Order #1, item receipt #1)

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