Planned Delivery Costs With Standard Price
Planned delivery costs are agreed in advance with the vendor himself, a forwarder or carrier, or the customs office, and recorded using separate condition types when the purchase order is created. When the goods receipt is posted, postings are simultaneously made to special clearing accounts. When the goods receipt is posted, the stock is valuated with the product of quantity times standard price. Any differences, the total procurement cost of 150 EUR are posted to a price difference account. As in the case of the moving average price material, the offsetting entry is divided into 130 EUR to the GR/IR clearing account and 20 EUR to the freight clearing account. The clearing accounts are cleared when the incoming invoice is posted. The offsetting entry for the entire invoice amount of 150 EUR is posted to the vendor (creditor) account.