# Warehouse Costing

### **Module Guide: Warehouse Costing**

#### **Module Location**

#### Inventory > Warehouse Management > Warehouse Costing

#### **Module Objective**

#### The **Warehouse Costing** module is used to record all costs related to warehouse operations. These costs can later be allocated as part of **Factory Overhead** or other operational costs. This module helps in tracking and managing expenditures that occur specifically in the warehouse area.

### **1. Main View (Warehouse Cost List)**

#### The main page of this module displays a list of all warehouse cost recording documents that have been created.

#### **View Explanation**

- #### **View**: This page is a history of warehouse cost documents. You can see the **Warehouse Cost Number, Date, Amount,** and **Approval Status**.
- #### **Filters**: You can search for a specific document by **Warehouse Cost Number** or a **Date** range.

#### **Button Functions**

- #### **\[New\]**: The primary button to create a new warehouse cost recording document.

### **2. Steps to Record Warehouse Costs**

#### **Step 1: Create a New Document**

#### From the Main View, click the **\[New\]** button to open the **Add New** form.

#### **Step 2: Fill in Cost Details**

#### On the form that appears, you will be asked to detail the costs:

1. #### Fill in the document **Date**.
2. #### **Fixed Costs**: In this table, add cost components that are fixed each period (e.g., warehouse rent, warehouse staff salaries).
3. #### **Variable Costs**: In this table, add cost components that are variable (e.g., electricity cost, water cost, forklift repair cost).
4. #### For each component, you will select the cost type, period, amount, and description.

#### **Step 3: Confirm**

#### After all cost components are entered, click the **\[Confirm\]** button to submit the cost recording document for approval.

#### **Workflow & Integrated Business Process**

- #### **Accounting Impact**: After this document is approved, the system will create a journal entry to record these costs (for example, a **Debit** to Warehouse Rent Expense and a **Credit** to Cash/Bank or Accrued Payable).
- #### **Approval**: A document that has been confirmed will most likely go to an **Inbox** to be validated by a Finance Manager or Controller.

### **Tips & Important Notes**

- #### This module is an important tool for a **Cost Accountant** to gather and allocate overhead costs.
- #### Accurate recording here will help in a more precise **Cost of Goods Manufactured (HPP/COGM)** calculation.