Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Do you allocate the total Shipping & Receiving Department Costs to COGS of al items received?
I understand that we can use the Landed cost feature to allocate Shipping & Receiving costs to an Item. Is it acceptable to allocate the total budget for this Department as a % of the total budgeted COGS? Then maybe some kind of adjustment by the last quarter of the year so that by the end of the year the total costs for the Department would be zero as all have been allocated to all items received?
Tagged:
0