Prerequisites

The Landed Cost Extraction process is not set up in PeopleSoft Payables. You set the parameters in PeopleSoft Purchasing and Cost Management.

Define the landed cost component parameters on the Misc Charge/Landed Cost Defn (miscellaneous charge/landed cost definition) page. These include:

• Cost elements (choose a cost category of material or landed).

  The material category tracks material costs and subcontracted services. The landed category tracks all other landed costs.

• Prorate charges.

• Extended amount tolerances.

• Quantity received tolerances.

• Landed cost groups.

• Accrue charges.