Add Estimated Additional Cost

Sometimes, there is a need to include additional cost such as insurance, freight etc. in the unit cost or the unit price of an item transaction. This can be done by using the item charge functionality in BC.

Different item charges can be set up to reflect different charge types. Item charges are an ideal way to record item-related financial transactions without affecting inventory quantities and can be used in both purchase and sales processes to improve the accuracy of cost and sales information.

Users can then use Estimated Additional Cost functionality, in sales and purchase documents, to track costs that are expected for the delivery of goods. Estimated Additional Sales Costs can be recorded for shipments, e.g. for freight, insurance and commissions that are relate to 3rd party vendors.

Setting Up Estimated Additional Costs

Assign Estimated Additional Cost to an Agreement

Actual Costs

Cost Comparison Estimated vs. Actual

Accrued Cost

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