Landing costs often account for 40% or more of the total cost of each imported freight item. With transport of stock to departure port, loading, sailing, customs clearance, and finally, transport from the port of arrival – you can use the Landed Cost module to track every cost and step of the journey, quickly and accurately, using a streamlined, single data entry system.
Costs are allocated at the point of receipt and are finalised at the point of costing providing accurate visibility of costs, as early as possible. The shipment costing module automatically tracks the accruals of on-costs and will handle the allocation and expensing of shipment costs after the shipment is costed so as to provide accurate shipment history for analysis.
Unlike the standard purchase order miscellaneous charges, shipment miscellaneous charges can be allocated to a vendor other than the purchase order vendor. These costs are entered in against the shipment to automatically create vendor vouchers ensuring a single point of data entry.