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Epicor ERP

Landed Cost Course
10.0.700.2

Disclaimer
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10.0.700.2
Revision: July 25, 2014 2:28 a.m.
Total pages: 41
course.ditaval

Landed Cost Course

Contents

Contents
Landed Cost Course................................................................................................................5
Before You Begin....................................................................................................................6
Audience.........................................................................................................................................................6
Prerequisites....................................................................................................................................................6
Environment Setup..........................................................................................................................................6

Overview.................................................................................................................................8
Landed Cost Setup................................................................................................................10
Exchange Rate Entry......................................................................................................................................10
Workshop - Set up Exchange Rate..........................................................................................................10
Country Maintenance....................................................................................................................................11
Workshop - Review Ports........................................................................................................................11
Company Configuration................................................................................................................................12
Workshop - Set Up Company Configuration...........................................................................................13
HS Commodity Maintenance.........................................................................................................................13
Workshop - Review Harmonized System Commodity Codes....................................................................14
Import Preference Scheme Maintenance........................................................................................................14
Workshop - Review Import Preference Schemes......................................................................................15
Import Tariff Maintenance.............................................................................................................................15
Workshop - Review Import Tariffs...........................................................................................................15
Miscellaneous Charge/Credit Maintenance.....................................................................................................16
Workshop - Review Miscellaneous Charges/Credits.................................................................................16
Supplier Shipment Class Maintenance............................................................................................................17
Workshop - Review Supplier Shipment Classes........................................................................................17
Part Maintenance...........................................................................................................................................18
Workshop - Review Part Records.............................................................................................................19
Supplier Maintenance....................................................................................................................................20
Workshop - Review Supplier Records......................................................................................................20

Daily Processing....................................................................................................................22
Workshop - Add Purchase Orders..................................................................................................................24
Add a First Purchase Order......................................................................................................................24
Add a PO Line and Approve the First Purchase Order..............................................................................24
Add a Second Purchase Order.................................................................................................................25
Add a PO Line and Approve the Second Purchase Order.........................................................................25
Container Landed Cost Entry.........................................................................................................................26
Shipping/Receipt Options........................................................................................................................26
Workshop - Add a Shipment...................................................................................................................27
Workshop - Enter Indirect Costs..............................................................................................................29
Workshop - Disburse Indirect Costs.........................................................................................................30
Workshop - Enter an Accounts Payable Invoice.......................................................................................31
Workshop - Add and Disburse Additional Indirect Cost for the Same Shipment.......................................32

Epicor ERP | 10.0.700.2

3

Contents

Landed Cost Course

Workshop - Complete the Shipment.......................................................................................................34
Workshop - Review Part Costs................................................................................................................35
(Optional) Workshop - Pay Suppliers.......................................................................................................36
Enter the First Invoice......................................................................................................................36
Add Receipt Lines............................................................................................................................36
Enter the Second Invoice.................................................................................................................37
Add Receipt Lines............................................................................................................................37
Post the Invoice Group....................................................................................................................38

Conclusion.............................................................................................................................39

4

Epicor ERP | 10.0.700.2

• Set up Landed Cost functionality in the following programs: • Country Maintenance • Company Configuration • HS Commodity Maintenance • Import Preference Scheme Maintenance • Import Tariff Maintenance • Purchasing Miscellaneous Charge/Credit Maintenance • Supplier Shipment Class Maintenance • Demonstrate how to enter landed costs and disburse methods. parts. Use this functionality to track those costs accurately against the parts to which they apply.2 5 . insurance.0.Landed Cost Course Landed Cost Course Landed Cost Course Landed Cost functionality offers significant benefits for customers who import materials on a regular basis. Epicor ERP | 10. Upon successful completion of this course. The cost of freight. and import duties can greatly impact margins.700. or finished goods. you will be able to: • Identify key features of Landed Cost. This ensures the selling or assembly price reflects the true cost of the materials.

enables you to experience Epicor functionality in action but does not affect data in your live. For more information on the modules available. contact your Epicor Customer Account Manager at EpicorCAM@epicor. 1. Environment Setup The environment setup steps and potential workshop constraints must be reviewed in order to successfully complete the workshops in this course. used with shipping and receiving. Your Epicor training environment. general navigation principles and techniques available in two user interface modes .This course discusses shipping and receiving.0. It is also important you understand the prerequisite knowledge contained in other valuable courses. production environment. such as reports and trackers. follow a sales order through shipping and follow a purchase order through receiving. Do not complete the course workshops in your live. Workshops focus on each of these modes and guide you through each navigational principle introduced. Designed for a hands-on environment. Audience Specific audiences will benefit from this course. 6 Epicor ERP | 10. This course covers how to set up your Epicor application properly to allow accurate shipping and receiving processing. • AP Clerk • Shipping and Receiving • Purchasing Staff/Buyer Prerequisites To complete the workshops in this course. in which the Epicor demonstration database is found. Verify the following or ask your system administrator to verify for you: • Your Epicor training icon (or web address if you are using Epicor Web Access) points to your Epicor training environment with the Epicor demonstration database installed.This course introduces navigational aspects of the Epicor application's user interface. the necessary modules must be licensed and operating in your training environment.com. two processes that effectively move product to and from your location. Once this setup is complete. production environment. The following steps must be taken to successfully complete the workshops in this course. You also learn about additional tools.Classic Menu and Modern Shell Menu.2 .Before You Begin Landed Cost Course Before You Begin Read this topic for information you should know in order to successfully complete this course. • Navigation Course . • Shipping and Receiving Course .700.

unexpected results can occur. If your system administrator upgrades your Epicor application to a new service pack or patch. from the Options menu. production environment) and is not periodically refreshed. The Epicor demonstration database comes standard with parts. • The Epicor demonstration database is at the same service pack and patch as the Epicor application. For example. customers. If you are logged into your training environment as a different user. unexpected results can occur when completing the course workshops.700. much like your live.Landed Cost Course Before You Begin Note It is recommended that multiple Epicor demonstration databases are installed. If this is not performed. the database is located on a server and users access the same data. already defined. Contact Support or Systems Consulting for billable assistance. 4.0. Epicor's education team updates the Epicor demonstration database for each service pack and patch. From the Main menu. select the company Epicor USA (EPIC03). 2. select the Main site. but a different user already completed this workshop and the Epicor demonstration database was not restored (refreshed). if a course workshop requires you to ship a sales order that came standard in the Epicor demonstration database. Log in to the training environment using the credentials manager/manager. select Change User. • Your system administrator restored (refreshed) the Epicor demonstration database prior to starting this course. Epicor's education team has written the course workshops to minimize situations like this from occurring. If the Epicor demonstration database is shared with multiple users (that is. From the Main menu. then you will not be able to ship the sales order. sales orders. he or she must also download the corresponding Epicor demonstration database from EPICweb > Support > Epicor > Downloads and install it. Epicor ERP | 10. but Epicor cannot prevent users from manipulating the data in your installation of the Epicor demonstration database. and so on.2 7 . 3.

The diagram below displays the Landed Cost functionality flow in the Epicor application: 8 Epicor ERP | 10. • Apportion duties and indirect costs across shipment items. and amounts to calculate duties for each received item.0. • Define import tariff rates.Overview Landed Cost Course Overview This section gives an overview of the Landed Cost process and features. • Inquire part status across all shipments and locations. Each indirect cost contains definable disburse methods. • Track inventory losses between supplier shipment records and receiving records. • Track in-transit inventory. • Use weight.2 . • Report quantity and cost variances. volume. or quantity to disburse indirect costs to received items. value.700. percentages. Key Features Use Landed Cost functionality to do the following: • Consolidate multiple orders with multiple currencies into a single shipment. • Consolidate multiple suppliers into a single shipment.

If an invoice for a cost item is not available before goods are received. The Epicor application also has the ability to use one of several methods of proration of received landed cost invoices across each shipment item. Information on container landed costs is available before actual shipment receipt.700. receive.2 9 . When landed cost invoices are received. Enter and save records. Mark the receipt as received (and costed). The Epicor application applies these costs and duties. it also allows Dalton to calculate duty amounts on the basis of tariffs linked to commodity codes. through a prorating mechanism. It applies these costs and duties. Business Scenario Dalton Manufacturing is a multi-national manufacturer and distributor of consumer products. The Epicor application updatese inventory with the entered quantities and costs. receive. Finally. and cost a combined supplier shipment. you can use one of the following methods to prorate them across each shipment item: • Value • Weight • Volume • Quantity • Manual Container shipment lines allow you to select different methods. they are able an estimate amount instead. through a prorating mechanism. They often receive supplier shipments that include multiple purchase orders from multiple suppliers using different currencies. They require the ability to calculate and apply additional costs and duties to supplier shipment items. The Epicor application calculates any duty amount on the basis of tariffs linked to commodity codes. you can use an estimate amount instead.Landed Cost Course Overview Process and Calculations Use Landed Cost to calculate and apply additional costs and duties to supplier shipment items. you can use an estimate amount instead. If an invoice for a cost item is not available before goods are received. Dalton is currently implementing the Landed Cost functionality in the Epicor application because it allows them to track. One supplier shipment can include multiple purchase orders from multiple suppliers that use different currencies. Use Container Landed Cost Entry to enter this information. 3. If an invoice for a cost item is not available before goods are received. to the unit cost of each item received. and cost combined supplier shipments. Receipt of goods process flow: 1. 2.0. Landed Cost functionality allows you to track. to the unit cost of each item received. Information on container landed costs is available before actual shipment receipt. Epicor ERP | 10. The Epicor application calculates any duty amount on the basis of tariffs linked to commodity codes.

enter 1. In the Rate Type field. Menu Path: Financial Management > Currency Management > General Operations > Exchange Rate Entry 1. The rate type also defines the conversion rule such as Direct. You can enter the exchange rates for each currency pair directly through this program.0.2 . When you enter a business transaction in one currency. 4. Click the Effective Date button. In the Rate Value field. 2. and companies throughout your organization. select USD-EURO. sites. 10 Epicor ERP | 10. The Epicor application uses these rates to calculate converted amounts on international transactions. Navigate to Exchange Rate Entry. The application uses these starting from this date until the application clock reaches the Effective Date on the next exchange rate record.700. In the tree view. or source currency and a receiving. 6. An exchange rate converts the value of one currency into an equivalent value in another currency. Exchange Rate Entry Use Exchange Rate Entry to define specific exchange rates for each currency pair. books. each of which consist of an original.Landed Cost Setup Landed Cost Course Landed Cost Setup This section covers the basic steps to set up Landed Cost functionality. the application uses this exchange rate to convert this value into equivalent values as this transaction is tracked on various records. The rate type first defines the currency pairs. You can also import the rates from an external file generated by Epicor Service Connect. Click Save and exit Exchange Rate Entry. Menu Path Navigate to this program from the Main Menu: • Financial Management > Currency Management > General Operations > Exchange Rate Entry Workshop . You next define the Effective Date for the exchange rates. search for and select RateType1. You enter exchange rates by creating an exchange rate record. select the 01/01/10 effective date. set up an exchange rate for the US Dollar and Euro currencies. You first select the rate type that will handle the exchange rates. Double Cross-Rate used on each currency pair. The Exchange Rate Search window displays. Cross-Rate. or target currency. This import program is located under the Actions menu.Set up Exchange Rate In this workshop. Each exchange rate indicates how many units of the target currency are needed to buy one unit of the source currency. 3. From the Search Results grid. 5.

For European countries. When a country is not selected. and other country-specific settings. Click Search to open the Search Results grid. Menu Path Navigate to this program from the Main Menu: • Financial Management > Accounts Payable > Setup > Country • Financial Management > Accounts Receivable > Setup > Country • Material Management > Purchase Management > Setup > Country • Sales Management > Customer Relationship Management > Setup > Country • Sales Management > Order Management > Setup > Country • Sales Management > Quote Management > Setup > Country For CRM users. default sales taxes.2 11 . The country record determines default options for currency. Click the Country button. Epicor ERP | 10. It also defaults to customer ship-to addresses and supplier purchase points. the Main Menu appears as: • Customer Relationship Management > Sales and Marketing Management > Setup > Country • Customer Relationship Management > Order Management > Setup > Country • Customer Relationship Management > Quote Management > Setup > Country Workshop . The country record is optional if you primarily conduct business within one country. it also configures international border crossing requirements. define country-specific information in Country Maintenance. the customer Sold To and Ship To records use the default country setup for the company. Click Select All and click OK. currency. The Country Search window displays. A country record includes the ISO code. If your company does business with customers and suppliers in other countries.Review Ports In this workshop. Menu Path: Sales Management > Customer Relationship Management > Setup > Country Tip The CRM menu path is: Customer Relationship Management > Sales and Marketing Management > Setup > Country 1. 2. language. 3. Navigate to Country Maintenance.0.Landed Cost Course Landed Cost Setup Country Maintenance Use Country Maintenance to enter country records. All the countries now display in the tree view. language. tax region. and printed address formats.700. This information defaults to all customers and suppliers in the country. review a default port for Germany.

In the Port field. This option can be useful when less container lines are shipped or received than expected. verify HMBG displays. • Allow Transfer of Indirect Costs . Menu Path Navigate to this program from the Main Menu: • System Setup > Company/Site Maintenance > Company Configuration 12 Epicor ERP | 10. • Allow Split Container Shipment . This is the default port for Germany. Landed Cost Defaults In the Modules > Materials > Shipping Receiving sheet. • Disable Uplift Percent .Select this check box to allow landed costs to be calculated in Receipt Entry. • Allow Update of PO Transaction Value . use the Landed Costs Defaults section to set up Landed Cost for shipping and receiving goods.Select this check box to allow updates to the duty calculation. This check box is clear by default.Select this check box to allow the transfer of indirect cost from one shipment to another when received invoices are applicable to another shipment. Navigate to the Port sheet.Select this check box to disable the uplift percentage calculation. The Landed Costs Defaults section includes the following items: • Allow Landed Cost In Receipt Entry .Select this check box to allow landed costs to be applied after a receipt is posted.Select the default method of disbursing landed costs.Select this check box to allow containers to be split. It does not affect the purchase order value of the received goods. This check box is clear by default and allows you to mark up indirect cost.2 . You can use this option after you split shipment lines to transfer indirect costs from one shipment to another. Exit Country Maintenance.Landed Cost Setup Landed Cost Course 4. • Apply Landed Cost After Receipt . • Default Disburse Method . 6.0. In the tree view. 7. you can then move these lines to that other shipment.700. Company Configuration Use Company Configuration to customize the Epicor application to best fit your company. select Germany. 5. If those container lines are in another shipment.

Most countries adopted or are in the process of adopting a commodity code system based on this Harmonized System. Menu Path: System Setup > Company/Site Maintenance > Company Configuration 1. Since some countries use 4-6 digits. The WCO (World Customs Organization) developed a Harmonized System (HS) of commodity codes. The HS commodity code classifies a group of goods. you can still use this program. For a detailed list of commodity codes. verify the following check boxes are selected: • Apply Landed Cost In Receipt Entry • Apply Landed Cost After Receipt • Allow Split Container Shipment • Allow Transfer of Indirect Costs • Allow Update of PO Transaction Value • Disable Uplift Percent 3. Use HS Commodity Maintenance to enter these external codes. In the Landed Costs Defaults section. This reduces tariff maintenance on a part by part basis. Click Save and exit Company Configuration. then select these records throughout the Epicor application. They do not activate any functionality. Your industry may have a recognized external coding system. configure Landed Cost processing for shipping and receiving goods in Company Configuration. For each commodity code. verify that Value displays. Use commodity codes to track Intrastat reporting and landed costs. 2. 4. Navigate to the Modules > Materials > Shipping Receiving sheet. These codes are for your reference only. consult your local Intrastat office.700.Set Up Company Configuration In this workshop. specify whether weight or a secondary quantity must be indicated on invoices that contain that commodity code. If Intrastat is enabled. some use eight. Menu Path Navigate to this program from the Main Menu: • Material Management > Inventory Management > Setup > HS Commodity • Material Management > Purchase Management > Setup > HS Commodity • Material Management > Supplier Relationship Management > Setup > HS Commodity Epicor ERP | 10. A conversion program converts the Intrastat commodity codes already in the database. If you do not have Intrastat functionality. The classification is the same throughout the European Union. These fields can affect your ability to post an invoice. the first 8 characters of the HS commodity code become the Intrastat commodity number (ICN). HS Commodity Maintenance Use HS Commodity Maintenance to define commodity codes. and some append their numbers with two more digits.2 13 . Navigate to Company Configuration. In the Default Disburse Method field. Tariffs are linked to HS commodity codes instead of the individual part records. the commodity code within the Epicor application has 12 characters. Intrastat is only used for trade between European Union countries.Landed Cost Course Landed Cost Setup Workshop .0.

review Harmonized System Commodity Codes used later in the course. Menu Path Navigate to this program from the Main Menu: • Material Management > Purchase Management > Setup > Import Preference Scheme 14 Epicor ERP | 10. you can identify a group of countries with the same tariff rules and regulations to become part of a preference scheme. 2. The HS Commodity Code Search window displays. With this program. Both codes display in the tree view. the Main Menu appears as: • Customer Relationship Management > Order Management > Setup > HS Commodity Workshop .700. Exit HS Commodity Maintenance. In the tree view. Australia and New Zealand are typically referred to as ANZ in regards to import tariff regulations because they share the same import and export regulations and tariffs.2 . Use the Ctrl key to select both codes from the Search Results grid. select codes 8703230078 and 4011101060. Navigate to HS Commodity Maintenance. In the Search Results grid. Click the Code button. Most countries have trade agreements (preference schemes) that lift duties or have lower tariffs. 4. 3. 5. Important Import Preference Scheme Maintenance is available only if your landed cost license is active. Click Search to open the Search Results grid.0. This program functions in conjunction with Import Tariff Maintenance and HS Commodity Maintenance. A preference scheme can apply to one country or a group of countries.Landed Cost Setup Landed Cost Course • Production Management > Engineering > Setup > HS Commodity • Production Management > Job Management > Setup > HS Commodity • Sales Management > Order Management > Setup > HS Commodity For CRM users. Import Preference Scheme Maintenance Use Import Preference Scheme Maintenance as the first step to set up tariffs to calculate landed cost duties.Review Harmonized System Commodity Codes In this workshop. Example For example. click on each code to review its details. Menu Path: Material Management > Purchase Management > Setup > HS Commodity 1.

Menu Path: Material Management > Purchase Management > Setup > Import Preference Scheme 1.700. Navigate to Import Tariff Maintenance. and define maximum and minimum duty amounts to apply to a shipment.Review Import Preference Schemes In this workshop. A preference scheme applies to one country or to a group of countries. Calculated Duty Amount = (Total Shipment Quantity * Tariff Rate) + (Total Shipment Value * Tariff Percent) + Amount If the total calculated duty amount is less than the minimum duty amount. and Maximum Duty values. Amount. Menu Path Navigate to this program from the Main Menu: • Material Management > Purchase Management > Setup > Import Tariff Workshop . Epicor ERP | 10. Menu Path: Material Management > Purchase Management > Setup > Import Tariff 1. Important Import Tariff Maintenance is available only if your landed cost license is active. You can also link a commodity code list to a tariff code and apply these codes to a tariff. review the European import tariff. Duties depend on the country of origin of the item. Exit Import Preference Scheme Maintenance. Click the Code button and search for and select the European Union code. Percent.Landed Cost Course Landed Cost Setup Workshop .2 15 . Minimum Duty. then the minimum duty amount is used. Notice both Germany and France are linked to this import preference scheme. You can apply rates based on a standard rate amount or percentage. If the total calculated duty amount is more than the maximum duty amount. Most countries have trade agreements (preference schemes) that lift duties or have lower tariffs. review the import preference scheme for the European Union. 2. Navigate to Import Preference Scheme Maintenance. 2. One or more tariffs can be used to calculate the duty on one shipment item.Review Import Tariffs In this workshop. Import Tariff Maintenance Use Import Tariff Maintenance to set up import tariff rates and link them to codes created in Import Preference Scheme Maintenance and HS Commodity Maintenance. then the maximum duty amount is used. In the Code field search for and select the European Import Tariff code. Import Tariff Maintenance calculates landed cost tariffs and duties.0. Review the Tariff Rate.

Landed Cost Setup Landed Cost Course 3. In the Charge ID field search for and select IMP1. verify 100 displays. add an indirect cost code. 3. verify Value displays. Specifies whether the miscellaneous charge is calculated as a flat amount or as a percentage of the extended price. Verify the Landed Cost check box is selected. Navigate to the Commodity Codes sheet.0. In the Cost Amount field. Miscellaneous Charge/Credit Maintenance Use Purchasing Miscellaneous Charge/Credit Maintenance to define charges or credits that apply to purchase orders. In the Type field. Important These miscellaneous charges are not the same charges you set up in the Order Management or Accounts Receivable modules.2 . Exit Import Tariff Maintenance. In the Landed Cost Method field. Notice that both HS commodity codes reviewed previously are linked to this import tariff. Specifies one of the following methods for calculating the landed cost: • Value • Quantity • Weight • Volume 5. Navigate to Purchasing Miscellaneous Charge/Credit Maintenance. 4. 4. Specifies whether the charge can be selected as a landed cost in either Receipt Entry or Container Landed Cost Entry.700. verify Amount displays.Review Miscellaneous Charges/Credits In this workshop. Select the general ledger controls that define the accounts to which the credits or charges post. Examples include freight charges and expediting fees. 2. 16 Epicor ERP | 10. You pay these charges to suppliers. Your customers pay the miscellaneous charges set up in the Order Management and Accounts Receivable modules. Menu Path: Material Management > Purchase Management > Setup > Miscellaneous Charge/Credit 1. Menu Path Navigate to this program from the Main Menu: • Financial Management > Accounts Payable > Setup > Miscellaneous Charge/Credit • Material Management > Purchase Management > Setup > Miscellaneous Charge/Credit • Service Management > Expense Management > Setup > Miscellaneous Charge/Credit Workshop .

Use the shipment container class when you add container shipments in Container Landed Cost Entry. verify Boston. When you create an expedited order. 7. verify Hamburg Germany displays. This is the default amount that will be applied to orders and invoices. verify Euro displays.700.Review Supplier Shipment Classes In this workshop. In the Charge ID field. select the EXP charge. verify Import from European Union displays. Specifies the port where the good are loaded on the vessel. Your fee for freight always changes. When you add the freight charge to an order. In the Loading Port field.2 17 . MA displays. In the Discharge Port field. but can be overridden for specific container shipments. 4. In the Currency field. Example Your standard fee for expediting an order is 100. Supplier Shipment Class Maintenance Use Supplier Shipment Class Maintenance to set up the characteristics of common containers being shipped. Specifies the currency used for this miscellaneous charge or credit record.0. Important The landed cost functionality of this program is available only if your landed cost license is active. Specifies the code for the indirect charge linked this shipment class. Menu Path Navigate to this program from the Main Menu: • Material Management > Shipping / Receiving > Setup > Supplier Shipment Class Workshop . 6. 3. Click Save and exit Purchasing Miscellaneous Charge/Credit Maintenance. enter the charge’s amount directly into the order. the Amount field will automatically be 100. including volume and default cost information. Navigate to Supplier Shipment Class Maintenance. 2. review the European Union shipment class. Set up a miscellaneous charge called FRT and do not assign it an amount. Navigate to the Indirect Cost sheet. 5. Set up a miscellaneous charge called EXP and enter its amount as 100.00. The information associated with the supplier shipment class code becomes the defaults for the corresponding fields when it is used in Container Landed Cost Entry. In the Shipment Class field search for and select European Container. Specifies the first location where the goods are unloaded. Menu Path: Material Management > Shipping / Receiving > Setup > Supplier Shipment Class 1. Epicor ERP | 10.Landed Cost Course Landed Cost Setup This is the standard cost for this miscellaneous charge.

Part Maintenance Use Part Maintenance to enter or update part information. serial number tracking. Also. If this part is included in a sales kit. or part methods of manufacturing. and use it on jobs. If you use the Engineering module. which includes unit of measure (UOM) options for sales. In the Cost Amount field. Parts are either purchased items you use for raw materials or subassemblies or manufactured items you use to fill sales orders. You can also select parts as materials on quote. Tip Most modules do not require parts to exist in Part Maintenance. define these parameters as well.Landed Cost Setup Landed Cost Course 6. verify 100 displays. 7. A part record contains general information such as part number. When you set up a part. job.0. inventory. and search criteria. a part record defines inventory information. and weight values. and Safety Stock quantities.2 . Maximum. You also define warehouse and bin information for each part. Menu Path Navigate to this program from the Main Menu: • Material Management > Inventory Management > Setup > Part • Material Management > Purchase Contracts Management > Setup > Part • Material Management > Purchase Management > Setup > Part • Material Management > Supplier Relationship Management > Setup > Part • Production Management > Engineering > Setup > Part • Production Management > Job Management > Setup > Part • Production Management > Material Requirements Planning > Setup > Part • Production Management > Quality Assurance > Setup > Part • Sales Management > Configurator Management > Setup > Part • Sales Management > Demand Management > Setup > Part • Sales Management > Order Management > Setup > Part • Service Management > Field Service > Setup > Part For CRM users. non-stock classifications. including Minimum. Each part record contains crucial data you may need for purchase or production needs. but it is recommended that you enter parts in this program. purchased or manufactured parts on a bill of material must have a record set up in Part Maintenance. the Main Menu appears as: • Customer Relationship Management > Configurator Management > Setup > Part • Customer Relationship Management > Order Management > Setup > Part 18 Epicor ERP | 10. purchases. Exit Supplier Shipment Class Maintenance. Specifies the indirect charge.700. description. as each record requires little data and can save you data entry time later. you can access it from each site within the company.

Remain in Part Maintenance. Navigate to Part Maintenance. Navigate to the General > Costs > Detail sheet. verify 3. 6.Review Part Records In this workshop. Repeat steps 1 -7 to review details for part TYRE-A-100 using the information below: Field Data HS Commodity Code 4011101060 Country of Origin Germany Unite Net Weight 20 LB Unite Net Volume 10 L Part Costs Details zero 11. 7. In the Unit Net Volume field. 8. In the Part field. In the HS Commodity Code field. 2. verify 8703230078 displays. select Germany. Epicor ERP | 10. Notice the Part Costs Details section displays zero part costs. Exit the Part Tracker. 5. 4.400 L displays. 10.2 19 . In the Part field.700. review part records used later in the course. 3. verify 4. In the Unit Net Weight field. 9. Menu Path: Material Management > Purchase Management > Setup > Part 1. right-click and select Open With > Part Tracker. search for and select part CAR-A-100.Landed Cost Course Landed Cost Setup Workshop .000 LB displays.0. The Part Tracker displays. Exit Part Maintenance. In the Country of Origin field.

Suppliers are businesses from whom you purchase products and services. Use this program to define how taxes are levied and payments are made against purchases through each supplier. and consolidated purchasing.Review Supplier Records In this workshop.700. Supplier records can then be used for central payments. Menu Path Navigate to this program from the Main Menu: • Financial Management > Accounts Payable > Setup > Supplier • Financial Management > Multi-Site > Setup > Supplier • Material Management > Inventory Management > Setup > Supplier • Material Management > Purchase Contracts Management > Setup > Supplier • Material Management > Purchase Management > Setup > Supplier • Material Management > Supplier Relationship Management > Setup > Supplier • Production Management > Job Management > Setup > Supplier • Production Management > Quality Assurance > Setup > Supplier • Service Management > Expense Management > Setup > Supplier • Service Management > Time Management > Setup > Supplier Workshop . In the Supplier field. search for and select GERTYRE. review and modify supplier records used later in the course. A supplier record can be defined as a global record within a parent company. Navigate to Supplier Maintenance. Supplier records are used in several programs and are crucial for creating purchase orders and Accounts Payable (AP) invoices. A supplier record must first be on file in the Epicor ERP application before that supplier is available on a purchase order. Supplier records are needed for various multi-company processes. Supplier records also contain information on shipping manifests. If you buy parts from multiple locations from a supplier. Menu Path: Material Management > Purchase Management > Setup > Supplier 1.2 .0. and then child companies within your organization can link to this record. Supplier records define several options which activate functionality you use throughout the Epicor application. part class. so you can indicate how this organization ships part quantities to your company. The Tax ID Num is important in some countries as businesses identify vendors through their Tax ID number. you can define each purchase point within supplier records. Note Once a supplier record is created. In the Currency field. or Tax ID Num.Landed Cost Setup Landed Cost Course Supplier Maintenance Use Supplier Maintenance to create supplier records. inter-company trading. Users can then select these purchase points on purchase orders and other records. As changes are made to a global supplier record. The search results can be sorted by Country. use the Supplier Search window to search for and select a specific supplier record. If your organization has the Multi-Site license. 20 Epicor ERP | 10. Name. or as an approved supplier specific to a part. or customer record. these changes automatically update within the linked child records. verify Euro displays. 2. ID. you can leverage this functionality.

Click Save. In the Supplier field. 6. 4. In the Currency field. select Euro. Exit Supplier Maintenance. Epicor ERP | 10.0. In the Currency field. verify Euro displays.2 21 . 5.Landed Cost Course Landed Cost Setup 3. 8. search for and select GERCAR.700. search for and select MAERSK. In the Supplier field. 7.

Create a shipment. The basic process is defined below and is demonstrated through hands-on workshops throughout this section of the course. 2.0. 4. 6. Create purchase orders. Complete the shipment. Enter indirect costs.Daily Processing Landed Cost Course Daily Processing This section of the course guides you through the process of entering landed costs in the Epicor application. To enter landed costs. Disburse indirect costs using different disburse methods. Process the accounts payable invoice for the goods received. Epicor ERP | 10. you perform the following operations: 22 1. 5.2 . 3.700.

700.2 Daily Processing 23 .Landed Cost Course Epicor ERP | 10.0.

In the Supplier field. In the Buyer field. enter 5 and press Tab. Click Save. 6.700. 2. 2. Navigate to the Header > Detail sheet. The green Approved indicator displays. 9. 4. The Lines > Detail sheet displays. add two purchase orders for the goods that you are ordering from your suppliers. 6. In the Currency field. In the Unit Price field. enter 30. Remain in Purchase Order Entry for the next workshop task. Menu Path: Material Management > Purchase Management > General Operations > Purchase Order Entry 1. 8. Select the Unapproved check box. 5. Add a PO Line and Approve the First Purchase Order 1. search for and select part CAR-A-100.0. Navigate to the Summary sheet. 7. 3. select House Account. 7. select New PO.000 and press Tab. 8. Click Save.Daily Processing Landed Cost Course Workshop . Click Save. search for and select Container Ship. 24 Epicor ERP | 10.2 . 5. 3. In the Ship Via field.Add Purchase Orders In this workshop. From the New menu. In the Part/Rev field. verify Euro displays. From the New menu. In the Our Qty field. Remain in Purchase Order Entry for the next workshop task. Note the PO Number __________. 4. search for and select GERCAR. select New Line. 9. Add a First Purchase Order Navigate to Purchase Order Entry.

6. 4. The Lines > Detail sheet displays. select New PO. 2. search for and select part TYRE-A-100. Click Save. The green Approved indicator displays. search for and select GERTYRE. 2. verify Euro displays. Click Save. select New Line. In the Part/Rev field. enter 50 and press Tab. In the Buyer field. Add a PO Line and Approve the Second Purchase Order 1.2 25 . 5. search for and select Container Ship. 7. Navigate to the Header > Detail sheet. In the Supplier field. Navigate to the Summary sheet. Epicor ERP | 10. From the New menu.000 and press Tab. 7. 9. Select the Unapproved check box. select House Account. In the Our Qty field.0. 6. Note the PO Number __________. 3. 3. 9. Exit Purchase Order Entry. In the Currency field. 8. In the Unit Price field. In the Ship Via field. Click Save. 4.700. Remain in Purchase Order Entry for the next workshop task. 5. enter 1. 8.Landed Cost Course Daily Processing Add a Second Purchase Order 1. From the New menu.

• Imported . and volume specification of the shipped goods. Costs can no longer be applied to the item inventory value.Adjust the current PO release to the shipped (received) quantity and use the original due date to create a new PO release for the shortage. • Received .Update the original PO release and close it.0. Specific information associated with the supplier shipment class code becomes the defaults for the corresponding fields when it is used in Container Landed Cost Entry.Items passed customs. duties. Menu Path Navigate to this program from the Main Menu: • Material Management > Shipping / Receiving > General Operations > Container Landed Cost Entry Shipping/Receipt Options This section covers shipping and receipt options. indirect costs. The transactions processed in Container Landed Cost Entry have the following states: • Ordered . Based on this information.Items are on site but not yet available for inventory.700. • Shipped . • Arrived .Items are ordered but not shipped. Use this program to add and delete purchase order releases from a container.Adjust the current PO release quantity and PO line quantity. as well as ship and unship a container.Items are in inventory and GL transactions are posted. Costs can still be applied. When a container is shipped from a supplier. the related purchase order releases can be updated with new due dates and quantities. You can select one of the following options: • Create New .Items left the export port.Do nothing and allow Material Requirements Planning (MRP)/PO suggestions to resolve the variance when the items are received. • Arrive Short . 26 Epicor ERP | 10. estimated arrival date. the Epicor application applies landed costs to the part unit cost. When the parts are received. You can specify a supplier shipment class code (previously defined in Supplier Shipment Class Maintenance) for the container shipment. • Ship Short .2 . then a decision must be made about this variance. If the number of shipped (received) items is more or less than expected according to the purchase order (PO) release. • None .Daily Processing Landed Cost Course Container Landed Cost Entry Use Container Landed Cost Entry to enter combined shipments from one or more suppliers which can be shipped in one or more containers. Important Container Landed Cost Entry is available only if your landed cost license is active. but can be overridden for specific container shipments. a notification is received with the actual shipment date. and uplift percentages) for each shipment. Define landed costs (for example.

5. is item-specific. Note The amount of 7226. 2. Note the Shipment ID _______. The Shipment ID is automatically assigned. Duty.326. click OK. 8. From the Actions menu. 16.326 (total landed cost amount).00 message displays. select Create New. The Purchase Order Release Search window displays.00 represents the total landed cost amount: 100 (Import from European Union miscellaneous charge) + 7. 3.226. In the Receipt Option field.0. quantity. As indirect cost is to be shared with two different items. To the message. select European Container. The Landed Cost of 7. volume. 4. 15. however. The disbursement method applies to indirect cost only. The duty is calculated from the import tariff code based on the tariff rate and percentage.Landed Cost Course Daily Processing Workshop . In the Shipment Via field. click Yes.Add a Shipment In this workshop. use the Ctrl key to select the first and second purchase order and click OK. From the New menu.326. The Update the PO Releases Due Date message displays. 9. it needs to be allocated either via value. 10. Navigate to Container Landed Cost Entry. ship the ordered parts. select New Shipment. In the Vessel field. In the Starting At field. enter New Container from Germany. or weight. select Container Ship. select the date one week ago.00 does not equal the disbursed amount of 7. 14. In the Search Results grid. 13. Epicor ERP | 10. Menu Path: Material Management > Shipping / Receiving > General Operations > Container Landed Cost Entry 1.2 27 . In the Status field. In the Shipment Class field. 7.00 is the total duty amount for both parts. select Add Multiple Shipment Lines. enter TransAtlantic222. 12. 6.226 (total duty amount) = 7. verify Ordered defaults. it is distributed based on the quantity received from that item (Duty/Qty received). 11. To the message. Use one container to ship both purchase orders. CAR-A-100 and TYRE-A-100.700. In the Shipped field. select Create New. The amount of 7. Click Save. So. In this scenario the indirect cost is EURO 100 (Import from European Union). In the Description field. enter the first purchase order number recorded previously and click Search. In the Shipping Option field.

verify 150.326. verify 150. Review the following fields: Field Data Part TYRE-A-100 Ship Qty 1. 23. In the Promise Date field. click on Line: PO XXXX Line 1 Release 1 (where XXXX is the second purchase order number). 24.226. 20.000 LB PO Transaction Value 50. select the date two weeks from today.2 .000 L Net Weight 20. The Landed Cost of 7.000 displays. In the tree view.0.Daily Processing Landed Cost Course 17.075 displays.000 Volume 10. In the Extended Trans Value field. The displayed amount reflects proration of the indirect cost amount. 22.025 28. select Shipped. 25. 27. The Lines > Detail sheet displays.00 message displays.00 does not equal the disbursed amount of 7. 28 Epicor ERP | 10. under the first purchase order. 19. The Lines > Duties > Details sheet displays. In the Status field.000 LB 26. Specifies the PO line value. In this scenario the indirect cost is EURO 100 (Import from European Union miscellaneous charge). 18. click on Duty:1.000 Extended Transaction Value 50. Review the following fields: Field Data Ship Qty 5 EA Volume 17. 21. In the tree view. using the disbursement method defined in the Header > Indirect Cost > Detail sheet. click on Line: PO XXXX Line 1 Release 1 (where XXXX is the first purchase order number). In the PO Transaction Value field. Click Save. The Shipped status displays. click OK.000 L Net Weight 20. Fully expand the tree view. In the tree view. Specifies the combined amount of PO Transaction Value plus all indirect costs that are marked as transaction value costs. To the message.700.

30. 6. 9.Landed Cost Course Daily Processing 29. 31. This amount is used in the Landed Cost calculation if the Actual Amount field does not have a value. Remain in Container Shipment Landed Cost Entry. Verify the Exclude from Landed Cost check box is clear. These costs can be miscellaneous charges such as insurance.600. In the tree view. under the second purchase order. The amount is calculated based on Extended Trans Value.226.0. In the Disburse Method field.625. Epicor ERP | 10. 32. Note If this check box is selected. 4.600. 5.700. the Import from European Union charge displays. In the Duty Amount field. the indirect charge increases the transaction value used for disbursement. 5. import. The Landed Cost of 7.75 + 5. 7.25 displays. This field specifies the disbursement method per indirect cost. 1. Shipment Qty. In the Duty Amount field. verify that 100 displays.00 does not equal the disbursed amount of 7. The total duty amount is therefore 1.25 = 7. 2. 1. Tariff Rate. click on Duty:1. Select the Include in Transaction Value check box. enter the indirect costs to prorate across the container landed cost lines.226.625. You can select only one check box: Exclude from Landed Cost or Include in Transaction Value.00 message displays again. click OK. This selection excludes the indirect cost from the Landed Cost disbursement. Remain in Container Shipment Landed Cost Entry. verify Value displays.75 displays. or handling costs. Click Save. 3. To the message. Navigate to the Header > Indirect Costs > Details sheet. Workshop . 8. In the Charge field.Enter Indirect Costs In this workshop.2 29 . In the Disburse Amount field. freight. Tariff Percent and Tariff Specific Amount.326.

Line 2: 40. 11.700.00. Line 3: 20. The container has three PO release lines: Line 1 is of volume 2.00. weight 2. and value 2. 10. lf the Method is Volume and you click Disburse Indirect Cost. In the Landed Cost field.00.00. Line 2: 30.00. In the Disburse Method field.00. Click the Disburse Indirect Cost button. Line 3: 40. weight 3. In the Disbursed Amount field. verify Value displays.Daily Processing Landed Cost Course Workshop . Navigate to the Landed Costs sheet. Line 3 is of volume 4.0. In the Duty Amount field. In this workshop. Navigate to the Landed Cost > Details sheet.226 displays. 6.326 displays. weight 4. 3.00.00.2 . This value defaults from the Import from European Union purchasing miscellaneous charge reviewed previously in the Workshop . 2. and value 3.Disburse Indirect Costs In this workshop. The quantity used in the quantity calculation method depends on the shipment status. verify 7. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8. verify 100 displays. Notice the Landed Cost and Disbursed Amount fields display the same values and the Landed Cost is proportional with the Extended Cost. 4. rearrange the columns in the following order: • PO • Line • Release • Part Number • LC Indirect Cost • Landed Cost Amount • Ship Qty • Extended Cost • Volume • Weight 9.00. 1.226 displays.00. 7. verify 7. verify 7. Example A container has a landed cost amount (the container cost from the Header sheet) of 90.00. Line 2 is of volume 3.00.00 If the Method is Weight and you click Disburse Indirect Cost: Line 1: 30.Review Miscellaneous Charges/Credits. the parts have been shipped.00. In the List grid. The calculation uses the shipped quantity. 8. 5.00. the Landed Cost process disburses indirect costs by calculating and then pro-rating the indirect costs per container landed cost line.00 If the Method is Value and you 30 Epicor ERP | 10. the Landed Cost Amount values adjust as follows: Line 1: 20. and value 4. In the Indirect Cost field. Navigate to the Landed Cost > List sheet.

Line 3: 30.00 If the Method is Manual. In the Supplier field. 16. Minimize Container Shipment Landed Cost Entry.Enter an Accounts Payable Invoice The container left the shipping port and the goods are on the way to your company. In the Group field. enter MAERSK. Navigate back to the Landed Cost > Details sheet.700. select New Group. enter the AP Invoice (late cost) for your shipping courier. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8. select Volume and click the Disburse Indirect Cost button. 7. Click Save. 6. 18. 19.2 31 . You have just received an invoice from MAERSK to cover the cost of shipping. 21. 20. 14. Menu Path: Financial Management > Accounts Payable > General Operations > Invoice Entry 1. In the Invoice field.00. 12. 4. Line 2: 20. In the Invoice Date field. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8. In the Disburse Method field.0. enter XXXX (where XXXX are the last four digits of your phone number). Workshop . In the Disburse Method field. From the New menu. 17. Navigate to AP Invoice Entry. In this workshop. select Quantity and click the Disburse Indirect Cost button. The Header > Detail sheet displays. Landed Cost in proportional with the Ship Volume. Landed Cost in proportional with the Ship Weight. 5. Click Save. 2. enter MAERSK. select Weight and click the Disburse Indirect Cost button. 13. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8. Epicor ERP | 10. 3. select New Invoice. Navigate back to the Landed Cost > Detail sheet. From the New menu. Landed Cost in proportional with the Ship Quantities. 15. then manually enter values as desired.00. select today's date. Navigate back to the Landed Cost > Detail sheet. 22.Landed Cost Course Daily Processing click Disburse Indirect Cost: Line 1: 40. In the Disburse Method field.

From the New menu. Maximize Container Shipment Landed Cost Entry. In the Charge Code field. Click Save. In the Description field. Click Save. select Group > Post. 11. In the Late Cost Lines grid. The Header > Indirect Costs > Detail sheet displays. Click Submit and exit the AP Invoice Post Process window. 16.2 . verify the following information displays: Field Data Type Amount Misc Amount 500 Amount 500 Currency Code EURO Source Manual Disburse Method Value 15. link it to the same shipment record and disburse the updated indirect cost amount among the purchase order lines. 32 Epicor ERP | 10. From the New menu. enter 500. Workshop .0. 1. The Header > 3rd Party Late Cost sheet displays. The AP Invoice Post Process window displays. verify 500 displays.Daily Processing Landed Cost Course 8. In the Invoice field. 12. 14.00 to cover the shipping cost. 2. From the Actions menu. select MAERSK Shipping Cost. 19.700. enter Maersk shipment cost. select New Shipment Indirect Cost. 17. As this cost is indirect. Navigate to the Summary sheet. In the Amount field. 10. 3. 18. enter Net 30.Add and Disburse Additional Indirect Cost for the Same Shipment In the previous workshop. 13. Exit AP Invoice Entry. In the Amount field. enter the invoice number entered in the previous workshop (the last four digits of your phone number). In the Terms field. 20. 9. select New Late Cost. you entered an new accounts payable late cost invoice for EURO 500.

2 33 . Fully expand the tree view. Navigate to the Landed Costs > Details sheet. 600 displays in the header. In the Indirect Cost field. Navigate to the Landed Costs sheet. 20. select Value and click the Disburse Indirect Cost button. Select the Include in Transaction Value check box. 21. 22.Landed Cost Course Daily Processing 4. enter 1. 23. In the Actual Amount field. verify Value displays. 6. select Volume. 10. Notice the Landed Cost and Disbursed Amount fields display the same values and the Landed Cost is proportional with the Ship Volume. In the Disburse Method field. Navigate to the Landed Cost > List sheet and review the fields. 14. 9. 16.226.700. Navigate back to the Landed Cost > List sheet and review the fields. Landed Cost is proportional with the Extended Cost and distributed between the two shipment lines. In the Misc Seq field.326. 12. In the Apply Date field. The original Indirect Cost value was EURO 100 (Import from European Union).0. notice that EURO 500 is added to the original displayed amount. In the Landed Cost and Indirect Cost fields. In the Disburse Method field. To the message click OK. 19. 8. verify 500 displays. 11. Navigate back to the Landed Costs > Details sheet. In the Disburse Method field. 26. Click Save. 5. In the Charge field. 24. 17. Click Save. In the Supplier field.00 does not equal the disbursed amount of 7. 7. 13. verify MAERSK displays. The Landed Cost of 7. In the Disburse Amount field. verify 500 displays. 18. Click Refresh. select Volume and click the Disburse Indirect Cost button. Epicor ERP | 10. 25. As you linked the late cost invoice with this Shipment ID record. verify today's date displays. Verify the Exclude from Landed Cost check box is clear. In the Disburse Method field. Notice that Indirect Costs (2) > Indirect Cost 2 now displays.00 message displays. the value increased by EURO 500. 15. verify MAER displays.

Complete the Shipment The container has arrived so you need to complete the shipment. select Weight and click the Disburse Indirect Cost button.Add a Shipment and press Tab. In the Disburse Method field. 31. 7. 29. 5. Landed Cost in proportional with the Ship Weight and distributed between the two shipment lines. the Line 1 moved to the Received mode. in the Supplier Qty column. In the Arrived Lines grid. In the Disburse Method field. 6. Navigate back to the Landed Costs > Details sheet. enter the Shipment ID created in the Workshop . In the Receipt Details field. Select the Received All check box. Click Save. Navigate back to the Landed Cost > List sheet and review the fields.0. Menu Path: Material Management > Shipping / Receiving > General Operations > Container Receipt Entry 1. Fully expand the tree view. Navigate back to the Landed Cost > List sheet and review the fields. 28. Minimize Container Shipment Landed Cost Entry. 12. 10. 3. Workshop . select the second purchase order. select the first purchase order. 34. Navigate back to the Landed Cost > Detail sheet. the Line 1 of the second purchase order has also moved to the Received mode. In the Shipment ID field. Verify the Contents > Arrived sheet displays. 4. Click Save. 9. Navigate to Container Receipt. Line 1. 30. Navigate to the Stock > Detail sheet. Navigate to the Contents > Received sheet and review the received lines. 32. verify the values of 5 and 1000 display. Line 1. In the tree view. Landed Cost is proportional with the Ship Quantities and distributed between the two shipment lines. 34 Epicor ERP | 10. receive the container. In the tree view.Daily Processing Landed Cost Course 27. 8. 2. select Quantity and click the Disburse Indirect Cost button. Select the Line Received check box. Select the Line Received check box. 11. Both purchase orders have been received in full amounts. In this workshop. 33.700.2 . In the Receipt Details field.

verify 30.603. Costs can no longer be applied to the item inventory value. 15. 6. This is the cost of all the materials required to make the current quantities of the part.831).2 35 . verify Imported displays. This is the cost of unallocated expenses placed against a material quantity.325 displays.325 displays. Exit Container Receipt. verify 7. The value comprises all the indirect costs (100 + 500 = 600) and the duty amount (1. In the Avg Material field. Click Save and exit Container Shipment Landed Cost Entry. In the Last Cost field. In the Last Material Burden field. verify RECEIVED displays. 9. verify 325 displays. Repeat steps 1 . In the Last Material field. Workshop . 2. In the Avg Material Burden. In the Status field. Navigate to the On Hand sheet. Navigate to the General > Costs > Detail sheet. enter CAR-A-100 and press Tab.00 + 5. verify 30.700. 18.831 displays. Menu Path: Material Management > Purchase Management > General Operations > Part Tracker 1. In the Avg Cost field. The items are put into inventory and GL transactions are posted. Navigate to the Part Tracker.Review Part Costs In this workshop. 10. 17. In the Part field. 19. Navigate to the Header > Detail sheet and click Refresh.8 to review costs for part TYRE-A-100: Epicor ERP | 10. In the Applied to Receipt field. 3.628. verify 30. These costs cannot be handled through typical production or purchasing calculations. 16.000 displays. These values are the amounts recorded on the most recent part transaction made against this part.000 displays. 8. 4. 14. Maximize Container Shipment Landed Cost Entry. 5. This field specifies the landed cost amount applied to received items. 20. Navigate to the Landed Cost sheet. verify 325 displays. verify 30. review part costs for the CAR-A-100 and TYRE-A-100 parts.00 = 7. In the Received Status field. 7.0.Landed Cost Course Daily Processing 13.

Click Save. 36 Epicor ERP | 10. 11.90 11. 7.25 Last Cost 56. From the New menu. Exit the Part Tracker. Add Receipt Lines 1. 8. In the Invoice Date field. From the New menu.Daily Processing Landed Cost Course Field Data Part TYRE-A-100 Last Material 50 Last Material Burden 6. enter Gercar. enter and post accounts payable invoices for the goods received.700. enter Gercar.2 .0. In the Group field. Menu Path: Financial Management > Accounts Payable > General Operations > Invoice Entry 1. In the Terms field.20 Avg Material 50 Avg Material Burden 5. Enter the First Invoice Navigate to AP Invoice Entry. select New Invoice. select New Receipt Line.Add Purchase Orders and press Tab. 4. 10. 3. enter GER-Inv. From the New menu. Click Save. (Optional) Workshop . select today's date. In the Currency field. 2. In the Invoice field. select 1/10 Net 30.90 Avg Cost 55. In the Ref PO field.Pay Suppliers In this workshop. 9. The Header > Detail sheet displays. 6. verify Euro defaults. In the Description field. select New Group. enter the first purchase order number you created in the Workshop . 5.

3. Click Create Lines. Click Select All. In the Currency field. 5. enter the amount that displays in the Line Amounts field. 3. 3. 5. Click Create Lines. Click Save. In the Terms field. in the Amount field. 4. In the Invoice field. On the Header > Detail sheet. On the Header > Detail sheet. From the New menu. select New Receipt Line. 4. 4. select today's date. From the New menu. The AP Invoice Add Receipt Billing Lines window displays and populates. Enter the Second Invoice 1. Click Save. select New Invoice. 8. 2. All the selected lines move from the Uninvoiced Receipt Lines section to the Selected Receipts section.Add Purchase Orders and press Tab. Add Receipt Lines 1. enter the second purchase order number you created in the Workshop . In the Ref PO field. All the selected lines move from the Uninvoiced Receipt Lines section to the Selected Receipts section. 2. 6. The Header > Detail sheet displays.2 37 . select 1/10 Net 30. Epicor ERP | 10.0. Click Select All. In the Invoice Date field.700. 7. 2. 5. enter the amount that displays in the Line Amounts field. In the Description field. The values of the Amount and Line Amounts fields must be equal.Landed Cost Course Daily Processing The AP Invoice Add Receipt Billing Lines window displays and populates. verify Euro defaults. enter Gertyre. in the Amount field. Click Save. enter Gertyre.

Daily Processing Landed Cost Course Post the Invoice Group 1. The AP Invoice Post Process window is displays. 3. The invoices post to the General Ledger.700. Close the AP Invoice Post Process window and exit AP Invoice Entry. 38 Epicor ERP | 10.0. 2. Click Submit. From the Actions Menu. select Group > Post.2 .

2 39 .0.700.Landed Cost Course Conclusion Conclusion Congratulations! You have completed the Landed Cost course. Epicor ERP | 10.

2 .700.Index Landed Cost Course Index E exchange rate entry 10 40 Epicor ERP | 10.0.

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