How to allocate landed costs from an vendor bill to multiple item receipts?

AI generated answer (using internal Slack threads):

To allocate landed costs from a vendor bill to multiple item receipts in NetSuite, you need to follow these steps: 1. Create Landed Cost Categories: You need to create appropriate landed cost categories in NetSuite. These categories will be used to classify different types of landed costs such as freight, duties, and insurance. 2. Associate Landed Cost Categories to Line Items: Once you have created the landed cost categories, you need to associate them to each line item on the vendor bills. This will allow NetSuite to calculate the landed cost for each item. 3. Associate Vendor Bill to Item Receipt: After associating the landed cost categories to the line items, you need to associate the vendor bill to the item receipt. This is done under the "landed costs" tab in the item receipt record. 4. Adjust the Item Receipt: Once the vendor bill is associated with the item receipt, NetSuite will automatically adjust the cost of goods sold (COGS) for the items to include the landed costs. This adjustment happens when the item receipt is posted. If you have a large number of item receipts, you might want to consider using the Supply Chain Management (SCM) bundle or the Estimated Landed Cost feature in NetSuite. These tools can help automate the process of associating landed costs with item receipts. Remember to check your landed cost templates and ensure they are referring to the correct cost category that holds the account. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******