Notes

2 pm wasfats meetn

*The basic rate will be fetched and the amount will be calculated automatically.
*Ticking on 'Allow Zero Valuation Rate' will allow submitting the Purchase Receipt even if the Valuation Rate of the Item is 0. This can be a sample item or due to a mutual understanding with your Supplier.
*Scrap items are the by-product and can be treated as products. The scrap items will have the valuation rate and they will be added to the scrap warehouse. Users can set the valuation rate for the scrap item manually in the Basic Rate field.
*Process Loss: Process Loss has no impact on the stock, this will reduce the number of FG Items. Check the below image, the user has planned to produce 100 FG Items but after the manufacturing process, the quantity has been produced as 80. To produce 80 FG Items, the user has used all raw material quantity. So here 20 quantity has been produced so therefore the system has marked it as Process Loss Qty. The process loss cost of 20 quantities has been added to the 80 quantities of FG Item.
*If the stock entry is an incoming entry i.e any item is receiving at a target warehouse, you can add related additional costs (like Shipping Charges, Customs Duty, Operating Costs, etc) associated with the process. The additional costs will be considered to calculate the Valuation Rate of the items.
*The added Additional Costs will be distributed among the receiving items (where the Target Warehouse mentioned) proportionately based on the Basic Amount of the items. And the distributed additional cost will be added to the basic rate of the item, to calculate Valuation Rate.
*If the perpetual inventory system is enabled, additional costs will be booked in Expense Account mentioned in the Additional Costs table .