Landed costs

For example, the price paid on the supplier's final invoice may differ from that on the original order and may include additional costs such as customs duty or delivery charges. These costs may appear as a separate line on the supplier's invoice, or may be covered by a separate invoice which can be allocated to one or more original invoice.

They may be presented at any time during the Order Fulfilment life cycle. You can apportion these costs over all or part of goods or services according to a variety of formulae which are known as Charge Rules.

When the Landed Cost is generated it is referred to as a Charge Line. The Charge Line may be entered during the purchase order stage, in which case it may be apportioned to some or all purchase order lines which must be within the same transaction. Similarly, the landed costs may be entered during the movement order stage but must be apportioned only to movement order lines within the same transaction. Landed costs may also be input at the purchase invoice stage in which case the purchase invoice line can be apportioned to any selection of purchase order lines, movement order lines or purchase invoice lines in either the same or any other transaction. This provides you with the flexibility to attribute costs from, for example, a third party delivery service where a separate invoice could have been issued for delivery costs.

Landed Costs can be wholly or partially apportioned. Once saved it is not possible to change the apportionment. Prior to saving, however, you can make any required adjustments. Landed Costs may also be wholly or partially expensed, in which case the cost is written off by the business. Another option is to suspend wholly or partially the costs that may then be apportioned at a later date. In the case of resumption of apportionment of previously suspended Landed Costs, the new apportionment always takes place according to the formula for the original apportionment. In the case of simple apportionment across a number of selected lines, however, any lines may be selected for apportionment following resumption after a suspension.

If your system is serialized for Multi-Currency you can use up to a maximum of three currency types for base, reporting and transaction purposes, respectively.