Microsoft Dynamics 365 Business Central lets you set up item charges for additional costs involved in shipping and receiving items (such as freight or handling charges) and assign these charges to sales and purchase documents. When a transaction is invoiced, the program creates value entries for Anywhere Mobility Solutions item charges associated with the items on the document.
Due to the rapid inventory turnover that Food Manufacturing & Distribution distribution companies experience, a company commonly receives goods from a vendor and resells them before being invoiced. The vendor may not invoice the company until the sales activity is completed, as the invoice amount is determined by the price at which the items were sold. Invoices from third-party vendors (for example, the freight company that handled transport) may not arrive until after the goods are already sold. As a result, Food Manufacturing & Distribution distributors who want to include additional item costs when setting sales prices cannot wait until invoicing is completed.
Companies that require this level of visibility for item costs can set up extra charges. Like item charges, extra charges represent additional costs associated with the receiving process. The key difference is that extra charges are recorded at the time of receipt rather than invoicing. This lets a business enter and allocate additional item costs on a purchase or transfer document, receive the items into inventory, and immediately factor these costs into the sales prices established for the associated items.
The following table describes a sequence of activities, with links to the topics that describe them. These activities are listed in the order in which they are generally performed.
To | See |
|---|---|
Get an overview of the principles and definitions that govern the extra charge functionality. | |
Define codes for the different charges added to inbound documents. | |
Set up the default extra charge posting accounts for each combination of a general product group and a general business group. | |
Select up to five extra charges that you can access directly from document lines. | |
Enter an extra charge such as a freight charge on an inbound document and add that charge to the unit costs of the related items. | |
Enter an extra charge such as a freight charge on an inbound line and add that charge to the unit cost of the related item. |