Estimated Landed Cost
Estimated Landed Cost automates the calculation of landed cost estimates for each transaction line item. It extends the Landed Cost feature with the use of landed cost templates. You can set up templates with multiple cost categories and assign each category with its own allocation method. Landed cost estimates are derived from the allocation method and cost factor, which you can update as needed.
You can add landed cost templates to the following types of items where you track landed cost:
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Inventory items
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Assembly items
Estimated Landed Cost can be used on the following transactions:
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Purchase order
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Item receipt
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Standalone vendor bill
When you assign landed cost templates to transaction line items, landed cost estimates are automatically applied as the items are received. You can receive large orders without having to manually apply landed cost estimates for each of the items.
Availability
The Estimated Landed Cost feature is available in the Supply Chain Management SuiteApp. To purchase the SuiteApp, contact your account manager.