I would like to know what would be the best way to include the duty fees into the item valuation rate.
Here is how I do it.
I place a PO then PI and I create the PR when I receive the item.
For the duty fee and taxes on the importation. I receive an invoice from the carrier so I create a new PI.
For the duty fee to be included in the valuation rate, I would have to add it in the PR? I’m not sure what is the best way.
You can add Duty Fees in the Taxes and Charges section of the Purchase Receipt itself. If not done there, you can update add these charges by using Landed Cost Voucher.
The landed cost voucher is what I needed.
Only one thing that would be nice is to retrieve the Additional charges from an existing invoice instead of having to manually find the invoice and enter the value.
You can create a custom report based on Purchase Receipt or refer to reports like Purchase Register and Itemwise Purchase Register (in Accounts module).