Drawing a blank here….Anyone know how to correct a date/period mismatch related to landed costs at the end of a period? My specific scenario is the Item Receipt post date is Jan and includes landed costs. However the included landed costs on that IR weren’t posted until February. Therefore, since we enter landed costs on the IR, the IR is allocating landed costs in January that werent technically available to allocate until February leaving a credit balance in the corresponding expense. TIA!

Would it makes sense January to journal that to "Received Not Invoiced" then take that up again in Feb?

I agree you aren't really going to be able to change that - but I'm not sure how you come up with the right number to do that. (i.e. post the JE)

@Netsuite Tragic I was thinking about crediting the IRNB for the JE and doing it that way. And then reverse it 2/1/2021. Is reversing entry what you are saying when you say “take that up in feb”? Then it should work itself out from there. If you don’t know what to do with an amount, just stick it in IRNB. 🤣 for some reason I think I’ve said those words a time or two before now.

@Laura Taylor yes, enter your reversal JE in Feb.