Applying Landing Costs (Freight, Customs, duty etc) to Inventory costs

maxadistaust
maxadistaust Member Posts: 2 Novice Member Novice Member
in Accounts Hosted

Hi I see an old post from 2019 with this same question. I am wondering if there has been any add to the software to cater for amortizing and applying import costs to the items being imported.

Thanks

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,208 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi @maxadistaust

    Are you referring to recording customs charges on imported goods & depreciation ?

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  • maxadistaust
    maxadistaust Member Posts: 2 Novice Member Novice Member

    Hi Shaz

    yes, freight, customs, GST, disbursement charges etc.

    cheers Charles

  • Reeta
    Reeta Reckon Staff Posts: 383 Reckon Staff Reckon Staff

    Hi @maxadistaust ,

    I've come across an article regarding processing charges for imported goods. I believe it could provide information on how to handle customs duty, transportation charges, insurance, and other related fees.

    Please CLICK HERE for article.

    Hope this helps.

    Kind regards,

    Reeta

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  • Acctd4
    Acctd4 Accredited Partner Posts: 4,208 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited March 2024

    Hi @maxadistaust

    It's not necessary to create any additional tax codes (contrary to Reckon's article!)

    I have a specific detailed guide - with screenshots - on how to enter this in RA/RAH. Feel free to email me direct if you'd like me to send it through to you 😊

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