Entering Landed Cost Transactions Online

Unlike other processes in PeopleSoft Payables, landed cost transactions are not actually entered on a particular page in the application. Instead, you define certain miscellaneous charge codes as having a landed cost element by selecting the Landed Cost Component check box on the Misc Charge/Landed Cost Defn page.

Each time that you use these miscellaneous charge codes on a regular voucher, adjustment voucher, reversal voucher, or a third-party voucher and then run the Landed Cost Extraction process, the system recognizes these charges as landed cost. It extracts them and sends them to PeopleSoft Cost Management where users can analyze and report on them.