Is there a way to reconcile freight/shipping/customs/duty into my item’s cost?

When you receive inventory you may be charged shipping/freight/customs/duty on top of your existing Purchase Order. You may want to reconcile the cost of this added charge to the cost of your newly received items so that their average cost is as accurate as possible – this will eventually reflect your true revenue. Follow the instructions below for this process:

  1. Ensure you have a Service item setup in Xoro that can represent your shipping/freight/customs/duty (click here if you need to set one up).
  2. Open the Item Receipt or Bill you wish to reconcile your shipping/freight/customs/duty to.
  3. Click on ‘Reconcile’ and follow the item, reconciliation wizard.

Video Tutorial:

There is also a Multi-Currency Support in PO Reconcile Process. 

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