Landed Cost
Logic Configuration for Landed Cost
For more information on configuration, see Logic Configuration - GTM Landed Cost Simulator.
GTM ships with a default logic configuration GTM LANDED COST SIMULATOR DEFAULT that will group the following rule set groups:
- BASE VALUE SET – RULE SET GROUP
- BASE FORMULA – RULE SET GROUP
- ESTIMATED LANDED COST VALUE SET - RULE SET GROUP
- ESTIMATED LANDED COST FORMULA - RULE SET GROUP
Note: The best practice would be to add logic configuration according to your own business needs.
Parameters
When defining a LANDED COST MODEL, specify the following mandatory parameters:
- RULE SET GROUP FOR TAX VALUE SET: The rule set group to assign the base value set to the simulator.
- RULE SET GROUP FOR TAX BASE AMOUNT FORMULA: The formula rule set group that will be used to assign the appropriate formula based on rules and then calculate the charges (and/or additional values).
- ELC VALUE SET-RULE SET GROUP: The rule set group to assign the ELC value set and the qualifier to the simulator.
- ELC FORMULA-RULE SET GROUP: The rule set group to determine the formula for the estimated landed cost.