Answered Integration and landing cost.
Hello,
I created a DEAR and XERO account.
I tried the integration, so when I synch both of them it says the Account Mapping has not been finalized.
1)why is that?
and second I am trying to allocate by percentage the freight/custom duty cost to each product sold. I guess this would be the landed cost.
2) What should I do first with the accounts and products before entering the purchase?
After I set up the accounts and products name what should I do?
I didn't do any sale.
I haven't sold any of these products yet.
What does the invoice has to do with this?
It should be something like this:
-enter purchase (from supplier A)
-enter freight/duty cost (from company B)
-Distribute the cost of the freight and duty on the purchase automatically.
There shouldn't be anything related to invoice.
Mario Kachouh,
"Invoice" in this case means invoice tab on the purchase order screen. This is a bill from your suppliers. You are correct - you need to do the following steps:
-enter purchase (from supplier A) - Create a new purchase order A - authorize "Order" tab, "Stock Received" tab and "Invoice" tab
-enter freight/duty cost (from company B) - Create a new purchase order B - authorize "Order" tab and "Invoice" tab
-Distribute the cost of the freight and duty on the purchase automatically - open purchase order A "Manual Journals" and add freight and duty there.
I see, but I still don't get the authorizing thing, the article that you posted about authorizing the invoice is about how to enter the invoice, so do I have to enter as well the invoice of my supplier in addition to the purchase, or from what step of that article do I have to start?
Mario Kachouh, for each purchase you need to complete three steps:
1. Create new purchase order, authorize Order tab: https://www.youtube.com/watch?v=590IpH8DCx8&index=11&list=PLkih4Eu6IIl7-Pvz0GbfJCDrK-oJeCDZH
2. Authorize Invoice tab: https://www.youtube.com/watch?v=UnasR742o-E&list=PLkih4Eu6IIl7-Pvz0GbfJCDrK-oJeCDZH&index=12
3. Authorize Stock Received tab: https://www.youtube.com/watch?v=pTThGwr1QAg&index=13&list=PLkih4Eu6IIl7-Pvz0GbfJCDrK-oJeCDZH
You need to make sure that all three tabs are authorize for proper accounting. After this you will be able to create a manual journal for landed cost.