How to Reverse Landed Cost

[Former Member]

Hi,

How ro Reverse Landed

[Former Member · Accepted solution]

Hi,

You can not cancelled or reversed JV created by landed cost.

But there is way to reverse the landed cost. you have to reverse the A/P invoice made from that landed cost. the difference of landed cost will automatically transfer to materal cost account.

Regards

Datta Kharat

[former_member187989]

hi,

You cannot cancel a Landed Costs document for which you have created a
journal entry.

Jeyakanthan

[former_member187989]

hi,

choose Data from the menu bar and choose Cancel. After you cancel the landed costs document, it is impossible to create a journal entry for it or to make any changes.

The status Cancelled appears in the Journal Remarks field.

Jeyakanthan

[Former Member]

I'm using SAP Business One 2007B, There is no such option in Landed cost

[Former Member]

Hi,

In 2005 version, the journal entry was created manually and in 2007, the JE posting process is automatic.

You cannot reverse a landed cost document posted.

With Regards,

Kaatss

[Former Member]

Check this link which may help you

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[Former Member]

Hi,

In 2005 version, the journal entry was created manually and in 2007, the JE posting process is automatic.

You cannot reverse a landed cost document posted.

With Regards,

Kaatss