Landed Cost Codes

Form ID: (PO202000)

This form is available only if the Inventory feature is enabled on the Enable/Disable Features (CS100000) form.

On this form, you can define the landed cost codes that are used in your system for specifying the additional costs incurred for delivering purchased goods to your company warehouses or to customer locations if the goods are drop-shipped. For more information, see Processing Landed Cost Documents.

You can add new codes, modify existing codes, and delete unused codes. For each code, you should assign a specific vendor and the account and subaccount that will accrue landed costs of the type.

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In the Summary area, you can specify a new code and its settings, or select an existing code to view or modify its settings.

Element

Description

Landed Cost Code

The unique identifier of the landed cost. You can use an alphanumeric string of up to 10 characters.

Description

The description of the landed cost.

Type

The type of the landed cost, which identifies its source. The following options are available:

Freight & Misc. Origin Charges: The landed cost is associated with freight expenses and other origin-related charges.
Customs Duties: The landed cost is associated with customs duties paid for the purchased goods.
VAT Taxes: The landed cost is associated with VAT taxes.

This option is available only if the VAT Reporting feature is enabled on the Enable/Disable Features (CS100000) form.

Misc. Destination Charges: The landed cost is associated with miscellaneous destination charges.
Other: The landed cost is another type.

Allocation Method

The method of allocating these landed costs to the purchased goods. The allocation method defines how the landed cost amount specified in the landed cost document is distributed among the lines of the purchase or transfer receipt documents linked to this landed cost document. Select one of the following options:

By Quantity: The landed costs are allocated to the receipt lines, based on the quantities of different goods in these lines. The percent of the landed cost allocated to each purchased stock item is the portion of this item’s quantity in the total quantity of all items purchased. If units other than base units of measure (UOMs) are specified for items, item quantities are calculated with respect to the base UOMs.

Select this option only for documents that include similar items with the same base UOM or similar base UOMs. Do not use this option for documents that include disparate items with base units that cannot be compared, such as pallets and tons or meters and pounds.

By Cost: The landed costs are allocated to the receipt lines based on the costs of purchased goods in these lines. The percent of the landed cost allocated to each purchased item is the portion of this item’s cost in the total cost of all different items purchased.
By Weight: The landed costs are allocated to the receipt lines based on the weights of purchased goods in these lines. The percent of the landed cost allocated to each purchased item is the portion of this item’s weight in the total weight of all items purchased.
By Volume: The landed costs are allocated to the receipt lines based on the volumes of purchased goods in these lines. The percent of the landed cost allocated to each purchased item is the portion of this item’s volume in the total volume of all items purchased.
None: The landed costs are not allocated to receipt lines; only an AP bill will be created for the landed cost document. If this allocation method is selected, you can add a direct-entry tax to the landed cost document. For details, see Applying Direct-Entry Taxes to Landed Cost Documents.

Vendor

The vendor this landed cost is associated with, which is not necessarily the vendor of the goods. Only vendors with the Landed Cost Vendor check box selected on the Vendors (AP303000) form are available for selection. This box is for informational purposes only. The landed cost vendor should be specified in each landed cost document when it is created.
The list of vendors available for selection may be limited based on the role or roles assigned to the user account to which you are signed in if the Customer and Vendor Visibility Restriction feature is enabled on the Enable/Disable Features (CS100000) form. In this case, the Restrict Visibility To box appears on the Financial tab of the Vendors (AP303000) form. With the feature enabled, a vendor is available for selection if one of the following is true:

The Restrict Visibility To box is empty for the vendor—that is, the vendor’s visibility is not restricted.
A branch, company, or a company group is specified in the Restrict Visibility To box for the vendor, and your user account has the role specified in the Access Role box of the Configuration Settings section of one of the following: the Branch Details tab of the Branches (CS102000) form for the selected branch, or the Company Details tab of the Companies (CS101500) form for the selected company or a company within the company group.

Location

The vendor location with which the landed cost is associated. This box is for informational purposes only. The vendor location should be specified in each landed cost document when it is created.
This box appears only if the Business Account Locations feature is enabled on the Enable/Disable Features (CS100000) form.

Terms

The credit terms for this landed cost. Credit terms are defined on the Credit Terms (CS206500) form. This box is for informational purposes only. The credit terms should be specified in each landed cost document when it is created.

Reason Code

The reason code to be used by default for cost adjustment transactions generated for the purchased goods.

Landed Cost Accrual Account

The account used to accumulate the landed costs before applying them to make the cost adjustments for the purchased goods.
The account selected in this box should be configured as a control account for the purchase orders subledger. That is, for this account, PO should be selected in the Control Account Module column on the Chart of Accounts (GL202500) form. For more information on control accounts, see Control Accounts: General Information.

Landed Cost Accrual Sub.

The associated subaccount used for accumulating the landed costs before applying them to make the cost adjustments for the purchased goods.

Tax Category

The tax category to be used for the landed costs with this code.
If None is selected in the Allocation Method box, the Tax Category lookup box displays tax categories with regular taxes that have the Exclude Listed Taxes check box cleared and contain direct-entry taxes.
If any other allocation method is selected, the lookup box displays only tax categories containing regular taxes and tax categories that have the Exclude Listed Taxes check box selected.

Landed Cost Variance Account

The expense account to be used to record any differences in landed costs that occurred between the landed cost amount in the accounts payable bill and the landed cost amount specified in the inventory adjustment prepared on release of a landed cost document.

Landed Cost Variance Sub.

The corresponding landed cost variance subaccount.

Landed Cost Codes

Form ID:  ([~/?ScreenId=PO202000|PO202000])[anchor|#note_oxf_l5c_5z]((({S:Warn}This form is available only if the ''Inventory'' feature is enabled on the [HelpRoot_FormReference\CS_10_00_00|Enable/Disable Features] ([~/?ScreenId=CS100000|CS100000]) form.
))){br}

On this form, you can define the landed cost codes that are used in your system for specifying the additional costs incurred for delivering purchased goods to your company warehouses or to customer locations if the goods are drop-shipped. For more information, see [HelpRoot_OrderMgmt\PO__con_Landed_Cost_Tracking|Processing Landed Cost Documents]. {br}

You can add new codes, modify existing codes, and delete unused codes. For each code, you should assign a specific vendor and the account and subaccount that will accrue landed costs of the type. {br}{TOC}
==Form Toolbar==[anchor|#_755fb071-adfc-49a2-9490-894cae1a6969]
The form toolbar has only standard buttons.[anchor|#1]
==Summary Area==
In the Summary area, you can specify a new code and its settings, or select an existing code to view or modify its settings. 
{| class="checklist" | width="100%" 
|- 
!width="20%" ! Element
!width="80%" ! Description
|- 
| '''Landed Cost Code'''
|  The unique identifier of the landed cost. You can use an alphanumeric string of up to 10 characters.
|- 
| '''Description'''
|  The description of the landed cost.
|- 
| '''Type'''
|  The type of the landed cost, which identifies its source. The following options are available: 
*''Freight & Misc. Origin Charges'': The landed cost is associated with freight expenses and other origin-related charges.
*''Customs Duties'': The landed cost is associated with customs duties paid for the purchased goods.
*''VAT Taxes'': The landed cost is associated with VAT taxes.
*:This option is available only if the ''VAT Reporting'' feature is enabled on the [HelpRoot_FormReference\CS_10_00_00|Enable/Disable Features] ([~/?ScreenId=CS100000|CS100000]) form.
*''Misc. Destination Charges'': The landed cost is associated with miscellaneous destination charges.
*''Other'': The landed cost is another type.

|- 
| '''Allocation Method'''
|  The method of allocating these landed costs to the purchased goods. The allocation method defines how the landed cost amount specified in the landed cost document is distributed among the lines of the purchase or transfer receipt documents linked to this landed cost document. Select one of the following options: 
*''By Quantity'': The landed costs are allocated to the receipt lines, based on the quantities of different goods in these lines. The percent of the landed cost allocated to each purchased stock item is the portion of this item&rsquo;s quantity in the total quantity of all items purchased. If units other than base units of measure (UOMs) are specified for items, item quantities are calculated with respect to the base UOMs.
*:((({S:Danger}Select this option only for documents that include similar items with the same base UOM or similar base UOMs. Do not use this option for documents that include disparate items with base units that cannot be compared, such as pallets and tons or meters and pounds.
)))
*''By Cost'': The landed costs are allocated to the receipt lines based on the costs of purchased goods in these lines. The percent of the landed cost allocated to each purchased item is the portion of this item&rsquo;s cost in the total cost of all different items purchased.
*''By Weight'': The landed costs are allocated to the receipt lines based on the weights of purchased goods in these lines. The percent of the landed cost allocated to each purchased item is the portion of this item&rsquo;s weight in the total weight of all items purchased.
*''By Volume'': The landed costs are allocated to the receipt lines based on the volumes of purchased goods in these lines. The percent of the landed cost allocated to each purchased item is the portion of this item&rsquo;s volume in the total volume of all items purchased.
*''None'': The landed costs are not allocated to receipt lines; only an AP bill will be created for the landed cost document. If this allocation method is selected, you can add a direct-entry tax to the landed cost document. For details, see [HelpRoot_OrderMgmt\PO__con_Landed_Costs_Direct-Entry_Taxes|Applying Direct-Entry Taxes to Landed Cost Documents].

|- 
| '''Vendor'''
| 
The vendor this landed cost is associated with, which is not necessarily the vendor of the goods. Only vendors with the '''Landed Cost Vendor''' check box selected on the [HelpRoot_FormReference\AP_30_30_00|Vendors] ([~/?ScreenId=AP303000|AP303000]) form are available for selection. This box is for informational purposes only. The landed cost vendor should be specified in each landed cost document when it is created.[anchor|#_63cf03f2-037c-49d5-879c-7a6f32b951d1]{br}

The list of vendors available for selection may be limited based on the role or roles assigned to the user account to which you are signed in if the ''Customer and Vendor Visibility Restriction'' feature is enabled on the [HelpRoot_FormReference\CS_10_00_00|Enable/Disable Features] ([~/?ScreenId=CS100000|CS100000]) form. In this case, the '''Restrict Visibility To''' box appears on the '''Financial''' tab of the [HelpRoot_FormReference\AP_30_30_00|Vendors] ([~/?ScreenId=AP303000|AP303000]) form. With the feature enabled, a vendor is available for selection if one of the following is true:[anchor|#ul_dss_cjx_fnb]
*The '''Restrict Visibility To''' box is empty for the vendor—that is, the vendor’s visibility is not restricted.
*A branch, company, or a company group is specified in the '''Restrict Visibility To''' box for the vendor, and your user account has the role specified in the '''Access Role''' box of the '''Configuration Settings''' section of one of the following: the '''Branch Details''' tab of the [HelpRoot_FormReference\CS_10_20_00|Branches] ([~/?ScreenId=CS102000|CS102000]) form for the selected branch, or the '''Company Details''' tab of the [HelpRoot_FormReference\CS_10_15_00|Companies] ([~/?ScreenId=CS101500|CS101500]) form for the selected company or a company within the company group.
|- 
| '''Location'''
| 
The vendor location with which the landed cost is associated. This box is for informational purposes only. The vendor location should be specified in each landed cost document when it is created.{br}

This box appears only if the ''Business Account Locations'' feature is enabled on the [HelpRoot_FormReference\CS_10_00_00|Enable/Disable Features] ([~/?ScreenId=CS100000|CS100000]) form.
|- 
| '''Terms'''
|  The credit terms for this landed cost. Credit terms are defined on the [HelpRoot_FormReference\CS_20_65_00|Credit Terms] ([~/?ScreenId=CS206500|CS206500]) form. This box is for informational purposes only. The credit terms should be specified in each landed cost document when it is created.
|- 
| '''Reason Code'''
|  The reason code to be used by default for cost adjustment transactions generated for the purchased goods.
|- 
| '''Landed Cost Accrual Account'''
| 
The account used to accumulate the landed costs before applying them to make the cost adjustments for the purchased goods.[anchor|#_9232f9ea-2c6f-499c-8910-f0cddaa2dc5b]{br}

The account selected in this box should be configured as a control account for the purchase orders subledger. That is, for this account, ''PO'' should be selected in the '''Control Account Module''' column on the [HelpRoot_FormReference\GL_20_25_00|Chart of Accounts] ([~/?ScreenId=GL202500|GL202500]) form. For more information on control accounts, see [HelpRoot_GeneralLedger\Finance_Control_Accounts_GeneralInfo|Control Accounts: General Information].
|- 
| '''Landed Cost Accrual Sub.'''
|  The associated subaccount used for accumulating the landed costs before applying them to make the cost adjustments for the purchased goods.
|- 
| '''Tax Category'''
| 
 The tax category to be used for the landed costs with this code.{br}

If ''None'' is selected in the '''Allocation Method''' box, the '''Tax Category''' lookup box displays tax categories with regular taxes that have the '''Exclude Listed Taxes''' check box cleared and contain direct-entry taxes.{br}

If any other allocation method is selected, the lookup box displays only tax categories containing regular taxes and tax categories that have the '''Exclude Listed Taxes''' check box selected.
|- 
| '''Landed Cost Variance Account'''
| The expense account to be used to record any differences in landed costs that occurred between the landed cost amount in the accounts payable bill and the landed cost amount specified in the inventory adjustment prepared on release of a landed cost document. 
|- 
| '''Landed Cost Variance Sub.'''
|  The corresponding landed cost variance subaccount. 
|}