Reconcile a receiver with landed costs

When you close receivers that contain items with landed costs, you transfer the remaining balance in the landed cost clearing account to the purchase price variance account.

Before you close the receiver, distribute the landed costs.

To reconcile a receiver with landed costs

1. Open the Reconcile Receiver (CLRECV) page.

   • Select Production Management > Production Transactions > Inventory > Receiving > Reconcile Receiver.

   Or

   • Search for CLRECV in the Navigation box and then select Reconcile Receiver.

   The Reconcile Receiver (CLRECV) page appears.

2. Click Browse on the Toolbar.

   The Browse For Reconcile Receiver window appears.

3. Highlight a row and click Select. Or double-click the row to select.

4. Review the Reconciled column to ensure that you reconciled landed costs for all items.

5. To view distributed landed costs:

   1. On the Toolbar, click More Actions.

   • Select More Actions > Actions > View Distribution Costs (VDCST).

   The View Distribution Costs (VDCST) window appears.

   1. Review distributed costs.

   2. On the Toolbar, click Status > Closed.

   If any landed costs have not been reconciled, a message appears. Click No to reconcile landed costs before closing the receiver. Click Yes to close the receiver without reconciling landed costs.

   To edit previously distributed costs, change the status of a receiver from Closed to Open.

   When you re-open a receiver, you can reverse postings to landed cost categories.