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Dear colleagues,

IFS Applications 8 Installation.

We are a UK Fast Moving Food Manufacturing Company who export and import raw materials/finished products.  We are in the final stages of Brexit readiness and have hit a stumbling block with regard to Purchase Charges (import/duty fees).

A number of the inventory parts for which we require charges to be recognised at the time of receipt of the inventory are standard costed parts.

Please can you advise whether there is anyway the charge can be receipted to a goods received not invoiced account at the time the inventory is received for a standard costed part?

If needs be we can set up a separate GL account where the charge can go to if it can not be distributed as part of the inventory part (due to the inventory part being standard costed) however we would still like to be able to recognise a liability for the charge at the point of receiving the inventory, so using either posting control M189/M187 or a new posting control.

Any help/guidance would be very gratefully received. 

All the best -

 

Do you want to include the charge as part of standard cost or exclude it?

Hi there - we have implemented a custom solution.

We have developed a custom event to add a charge to each relevant PO with a right mouse click.

We then have a second event that auto receives the charge item as soon as the first item in the PO is received. 

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