I hate to beat this subject to death - I know it has been discussed at length before. But I am really tired of it...
I really think there should be a way to include the cost of freight (allocated) and tax in the item cost when receiving/committing a PO to inventory. In my neck of the woods, these costs must be included in inventory, not expensed or added to inventory value as an accounting function. My accountant is having a fit over this because I cannot spit out an accurate inventory value from my POS/inventory trackign system unless I manually update every cost after receiving a PO, which is virtually impossible with weighted averages. I could update the PO costs before receiving, but this is nearly as cumbersome. These costs must be included in my item costs in RMS.
What is the point of using the tax and freight on a PO anyway? When you send the PO to the supplier, you rarely know the freight in advance. What is the purpose of going back and entering the freight on the PO. It is just a waste of time.
Anyway, the bottom line is that I need a better way to do this. I don't want a third party landed cost module. This does far more than what I need. I just need RMs to function the way it reasonably should or to find a simple workaround...