AM11 Sample Reports

The Landed Cost Reports provide information about the landed cost accruals and reversals posted in the respective Accrue Landed Cost and AP Invoice Transactions functions. These reports have various options and criteria that enable you to generate information in various report formats. Read the information below to get a closer look at each of the Landed Cost Reports available in AccountMate.

Landed Cost Summary Report

The Landed Cost Summary Report provides information on the landed cost accrual transactions including the purchase order numbers, receipt numbers, transaction numbers and dates, vendor numbers and company names, tax codes, landed cost allocation methods used, landed cost amounts, and the applicable taxes. You can use this report to verify changes in the inventory item’s average cost due to accrued landed costs.

You may display in the report the journal entries for the landed cost accrual transactions and multi-currencies.

Landed Cost Accrual Report

The Landed Cost Accrual Report lists the landed cost accrual and reversal transactions including the purchase order numbers, receipt numbers, transaction numbers and dates, vendor numbers and company names, accrued amounts, invoice amounts, and accrued balances. You can use this report to verify the landed cost accruals that are reversed by posting invoices and those accruals that are yet to be invoiced and reversed. You can also use this report to reconcile the accrued liability generated when the landed cost accruals are posted.

You may include in this report the fully reversed landed cost accrual transactions. You can opt to show on the report the landed cost accrual reversal amount on each applicable AP invoice and to show multi-currencies.

Landed Cost Item Allocation Report

The Landed Cost Item Allocation Report provides information on how the landed cost accruals are allocated to inventory items. This report shows the purchase order numbers, receipt numbers, transaction numbers and dates, vendor numbers and company names, and allocated amounts. This report is useful in determining the accrued landed cost amounts and their distribution to the various line items received from the vendors.

You can configure this report to show the journal entries created during posting of landed cost accruals. You can also opt to show multi-currencies in the report.