Item Actual Landed Costs (tclct3600m000)

Use this session to view actual landed costs by item.

Prices by Cost Component

The lines on this tab refer to the Item Actual Landed Costs by Cost Component (tclct3501m000) session, in which you can view an item's actual landed costs by cost component.

Note:

Together with the average purchase price, the average landed cost is used to determine an item's standard cost.
This session is updated when all landed costs for a purchase receipt are invoiced. If the invoice is unapproved, the cost calculation for the average landed cost is reversed.
Prices are only updated if all invoices for all landed cost lines related to a receipt have the Update Average/ Last Purchase Price check box selected.

Field Information

Item: item
Latest Transaction Date: The most recent date on which the item's landed cost was changed.
Cumulative Purchase Receipts: The quantity of cumulative receipts based on which the average landed cost is calculated.

Note: You can reset the cumulative purchase receipts in the Equate Balance of Receipts with Inventory Level (tdipu0201m000) session.
Purchase Price Unit: purchase price unit

Note: When the purchase price unit is changed, prices are automatically recalculated.
Total Average Landed Cost: The total of all linked cost components ' average landed cost. The average landed cost is based on cumulative purchases or on the current inventory, as specified in the Method of Calculating Average Landed Cost field of the Landed Costs Parameters (tclct0100m000) session.
Currency: purchase currency
Total Latest Landed Cost: The total of all linked cost components' latest landed cost.