To create a miscellaneous charge product record:Create miscellaneous charge product records to itemize various expenses on transactions. Examples of such expenses include the following:
Additional or specialized labor charges for products, such as assembly charges.
Shipping, handling, and expedite charges for products or orders.
Restocking charges.
Charges pertaining to orders, such as return check fees or service charges.
To use miscellaneous charge products, do the following:
Create a product record for the miscellaneous charge in Product Maintenance.
Assign the actual cost of the charges to the product record in Price Sheet Entry.
Add the miscellaneous charge product record to a transaction in the same way that you do products.
When the miscellaneous charge product record is added to a transaction, the system includes the miscellaneous charge in the transaction's total.
To create a miscellaneous charge product record:
From the Files menu, select Product to display the Product Maintenance screen.
In the Description field, enter the type of miscellaneous charge to create, such as Assembly Charge, Bank Service Charge, or Royalties.
In the Additional Key Words field, enter Misc so that users can search on the word "Misc" to locate the product record.
In the Status field, press F10 and select MiscChrg to assign the miscellaneous charge status to the product record.
Note: Products with a status of MiscChrg do not require an associated buy line.
In the GL Acct/Product Type field, press F10 and assign a general ledger account to which the charge posts.
Note: Use G/L Account Maintenance to set up an account for miscellaneous charge products. A miscellaneous charge item does not have a related COGS.
Press Esc to save changes and exit the screen.
Assign a charge to the product record in Price Sheet Entry.
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