ERPNext Accounting
What is Landed Cost Voucher?
- Landed Cost Voucher
- A Landed Cost Voucher in ERPNext distributes import duties, freight, and other incidental charges across purchased items to reflect true inventory cost.
Creating a Landed Cost Voucher
After submitting a Purchase Receipt, go to Stock → Landed Cost Voucher → New. Select the Purchase Receipt(s), then add the additional charges (freight, customs duty, insurance) and choose the distribution method: By Quantity, By Amount, or By Net Weight.
Impact on Valuation
ERPNext recalculates the item valuation rate after the Landed Cost Voucher is submitted, updating the Stock Ledger Entry. The increase in value is posted as a debit to the Stock account and a credit to the charge expense account.
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Related Terms
Purchase Receipt
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Valuation Method
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Stock Ledger Entry
The Stock Ledger Entry (SLE) is the immutable record created by every stock move…
Item
An Item in ERPNext is the master record for any product, raw material, service, …
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