It is a very common scenario:
Inventory is physically moved from one site to another (moving from warehouse on the east coast to warehouse on the west coast)
Freight cost is incurred during the move, and this cost needs to increase the inventory value.
There can be other charges such as duty and tariffs if the source and destination in different countries.
Right now there is no reasonable way to add the charges cost to the inventory value of the products moved (as can be done with purchase orders, using charges)
This is a MAJOR pain, and a repeated request.
Comments
I agree that this is needed.... currently we do this through using intercompany orders and putting an automatic charge on the mode of delivery or if the charge is specific to a vendor or group you could put a charge charge on the intercompany vendor themselves through the master data record.
This is not ideal but seems to work and get the cost added to the product for the charges incurred so it can be rolled into the inventory value of the good and the offset goes to freight clearing in most cases.
To reconcile the sale and purchase you could create an intercompany goods main account and run the AR and AP posting transactions to the same GL account causing it to always go to zero.
Again its not ideal but it works. I can't believe MS does not think this functionality should exist for a native transfer order. Even when MS move onvemtory around it costs them something to move it around and that cost has to somehow be accounted back into the cost of the product or else the expense just gets negated as a cost of doing business and thats just not how the real world works the whole idea is to be able to capture it in your cost of goods giving you a true reflection of what it took to get that product into your warehouse and onto the shelf.
Category: Cost management
Agree with other comments posted - This is a Major pain. We have international purchases to which we are receiving product into an On the Water warehouse when loaded onto ocean carrier and then transfer when arrive into US port. Unable to apply the freight cost on the front end as system does not permit us to add charges on partial receipts and final destination not always known at the time. Really need ability to add the freight, tariffs, customs, duties, and local drayage costs at the time the product is transferred to final destination.
Category: Cost management
This is very much needed. We have four clients currently all requiring a customization to get this capability in the system.
Category: Cost management
Hope this is in taken into consideration.
Category: Cost management
Yes, this is very much required. Inventory to be maintained with its purchasing cost + any cost incurred to bring the inventory to the location of the company. By doing so, the system will give a correct picture of the financials.
Category: Cost management
This is a much needed functionality. This is a very standard and genuine requirement. Don't know why MS is not considering this requirement? Its clear from this post that so many customer is asking for the same from so long time. All standard ERP even another ERP from MS itself D365 business central has this feature then why MS is not considering the same for D365 finance and operation which is more advance than the D365 business central? Customer upgrading from D365 business central is feeling cheated.
Category: Cost management
Hi. Any company that wishes to have accurate costing visibility of all its Variable Costs needs to include the freight and transfer charges. Please include this feature!!
Category: Cost management
Much needed!
Category: Cost management
It is a feature that has been requested since AX 2009. All companies that transport something require adding transportation costs (and other inventory handling costs) to the value of their inventory. It needs to be a global, not a local, feature.
Category: Cost management
It is a very common scenario, needed across regions !
Category: Cost management
Administrator on 3/1/2018 7:50:03 AM
Thank you for your feedback. Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.
Sincerely,
Anders Even Girke
PM, Microsoft