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• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Landed Cost discrepancy between Inbound Shipment and Item Receipt
Hi Gurus,
We are facing an issue related to Landed Cost currency handling between Inbound Shipment and Item Receipt:
On the Inbound Shipment screen, we declare Landed Costs (e.g. transportation, insurance) in VND — our local currency.
When we generate the Item Receipt, the transaction is in USD, and the system automatically converts the landed costs from VND to USD based on the exchange rate at that time. However, this conversion results in rounding differences. Consequently, when we check the GL Impact, the posted landed cost value in inventory (in base currency) does not match the original amount we declared on the Inbound Shipment.
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