Epicor ERP

Landed Cost Course

10
Disclaimer
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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....................................................................................................................................19
Workshop - Review Supplier Records......................................................................................................20
Daily Processing....................................................................................................................21
Workshop - Add Purchase Orders..................................................................................................................23
Add a First Purchase Order......................................................................................................................23
Add a PO Line and Approve the First Purchase Order..............................................................................23
Add a Second Purchase Order.................................................................................................................24
Add a PO Line and Approve the Second Purchase Order.........................................................................24
Container Landed Cost Entry.........................................................................................................................24
Shipping/Receipt Options........................................................................................................................25
Workshop - Add a Shipment...................................................................................................................25
Workshop - Enter Indirect Costs..............................................................................................................27
Workshop - Disburse Indirect Costs.........................................................................................................28
Workshop - Enter an Accounts Payable Invoice.......................................................................................30
Workshop - Add and Disburse Additional Indirect Cost for the Same Shipment.......................................31

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Contents Landed Cost Course

Workshop - Complete the Shipment.......................................................................................................32

Workshop - Review Part Costs................................................................................................................33
(Optional) Workshop - Pay Suppliers.......................................................................................................34
Enter the First Invoice......................................................................................................................34
Add Receipt Lines............................................................................................................................35
Enter the Second Invoice.................................................................................................................35
Add Receipt Lines............................................................................................................................36
Post the Invoice Group....................................................................................................................36
Conclusion.............................................................................................................................37

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Landed Cost Course Landed Cost Course

Landed Cost Course

Landed Cost functionality offers significant benefits for customers who import materials on a regular basis. The
cost of freight, insurance, and import duties can greatly impact margins. Use this functionality to track those
costs accurately against the parts to which they apply. This ensures the selling or assembly price reflects the true
cost of the materials, parts, or finished goods.
Upon successful completion of this course, you will be able to:
• Identify key features of Landed Cost.
• 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.

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Before You Begin Landed Cost Course

Before You Begin

Read this topic for information you should know in order to successfully complete this course.

Audience

Specific audiences will benefit from this course.

• AP Clerk
• Shipping and Receiving
• Purchasing Staff/Buyer

Prerequisites

To complete the workshops in this course, the necessary modules must be licensed and operating in your training
environment. For more information on the modules available, contact your Epicor Customer Account Manager
at EpicorCAM@epicor.com. It is also important you understand the prerequisite knowledge contained in other
valuable courses.
• Navigation Course - This course introduces navigational aspects of the Epicor application's user interface.
Designed for a hands-on environment, general navigation principles and techniques available in two user
interface modes - Classic Menu and Modern Shell Menu. Workshops focus on each of these modes and
guide you through each navigational principle introduced.
• Shipping and Receiving Course - This course discusses shipping and receiving, two processes that effectively
move product to and from your location. This course covers how to set up your Epicor application properly
to allow accurate shipping and receiving processing. Once this setup is complete, follow a sales order through
shipping and follow a purchase order through receiving. You also learn about additional tools, such as reports
and trackers, used with shipping and receiving.

Environment Setup

The environment setup steps and potential workshop constraints must be reviewed in order to successfully
complete the workshops in this course.
Your Epicor training environment, in which the Epicor demonstration database is found, enables you to experience
Epicor functionality in action but does not affect data in your live, production environment.
The following steps must be taken to successfully complete the workshops in this course.

1. 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. Do not complete
the course workshops in your live, production environment.

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Landed Cost Course Before You Begin

Note It is recommended that multiple Epicor demonstration databases are installed. Contact
Support or Systems Consulting for billable assistance.

• The Epicor demonstration database is at the same service pack and patch as the Epicor
application. Epicor's education team updates the Epicor demonstration database for each service pack
and patch. If your system administrator upgrades your Epicor application to a new service pack or patch,
he or she must also download the corresponding Epicor demonstration database from EPICweb > Support
> Epicor > Downloads and install it. If this is not performed, unexpected results can occur when completing
the course workshops.
• Your system administrator restored (refreshed) the Epicor demonstration database prior to
starting this course. The Epicor demonstration database comes standard with parts, customers, sales
orders, and so on, already defined. If the Epicor demonstration database is shared with multiple users
(that is, the database is located on a server and users access the same data, much like your live, production
environment) and is not periodically refreshed, unexpected results can occur. For example, if a course
workshop requires you to ship a sales order that came standard in the Epicor demonstration database,
but a different user already completed this workshop and the Epicor demonstration database was not
restored (refreshed), then you will not be able to ship the sales order. Epicor's education team has written
the course workshops to minimize situations like this from occurring, but Epicor cannot prevent users
from manipulating the data in your installation of the Epicor demonstration database.

2. Log in to the training environment using the credentials manager/manager. If you are logged into your
training environment as a different user, from the Options menu, select Change User.

3. From the Main menu, select the company Epicor USA (EPIC03).

4. From the Main menu, select the Main site.

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Overview Landed Cost Course

Overview

This section gives an overview of the Landed Cost process and features.

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.
• Apportion duties and indirect costs across shipment items.
• Track inventory losses between supplier shipment records and receiving records.
• Track in-transit inventory.
• Inquire part status across all shipments and locations.
• Report quantity and cost variances.
• Define import tariff rates, percentages, and amounts to calculate duties for each received item.
• Use weight, value, volume, or quantity to disburse indirect costs to received items. Each indirect cost contains
definable disburse methods.
The diagram below displays the Landed Cost functionality flow in the Epicor application:

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Landed Cost Course Overview

Process and Calculations

Use Landed Cost to calculate and apply additional costs and duties to supplier shipment items. One supplier
shipment can include multiple purchase orders from multiple suppliers that use different currencies. Landed Cost
functionality allows you to track, receive, and cost a combined supplier shipment. The Epicor application applies
these costs and duties, through a prorating mechanism, to the unit cost of each item received. Information on
container landed costs is available before actual shipment receipt. Use Container Landed Cost Entry to enter this
information.
When landed cost invoices are received, 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.
The Epicor application calculates any duty amount on the basis of tariffs linked to commodity codes. If an invoice
for a cost item is not available before goods are received, you can use an estimate amount instead.
Receipt of goods process flow:

1. Enter and save records.

2. Mark the receipt as received (and costed).

3. The Epicor application updatese inventory with the entered quantities and costs.

Business Scenario
Dalton Manufacturing is a multi-national manufacturer and distributor of consumer products. They require the
ability to calculate and apply additional costs and duties to supplier shipment items. They often receive supplier
shipments that include multiple purchase orders from multiple suppliers using different currencies. Dalton is
currently implementing the Landed Cost functionality in the Epicor application because it allows them to track,
receive, and cost combined supplier shipments.
The Epicor application calculates any duty amount on the basis of tariffs linked to commodity codes. If an invoice
for a cost item is not available before goods are received, you can use an estimate amount instead. It applies
these costs and duties, through a prorating mechanism, to the unit cost of each item received. Information on
container landed costs is available before actual shipment receipt. The Epicor application also has the ability to
use one of several methods of proration of received landed cost invoices across each shipment item. Finally, it
also allows Dalton to calculate duty amounts on the basis of tariffs linked to commodity codes. If an invoice for
a cost item is not available before goods are received, they are able an estimate amount instead.

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Landed Cost Setup Landed Cost Course

Landed Cost Setup

This section covers the basic steps to set up Landed Cost functionality.

Exchange Rate Entry

Use Exchange Rate Entry to define specific exchange rates for each currency pair. The Epicor application uses
these rates to calculate converted amounts on international transactions.
An exchange rate converts the value of one currency into an equivalent value in another currency. You enter
exchange rates by creating an exchange rate record. You first select the rate type that will handle the exchange
rates. The rate type first defines the currency pairs, each of which consist of an original, or source currency and
a receiving, or target currency. The rate type also defines the conversion rule such as Direct, Cross-Rate, Double
Cross-Rate used on each currency pair.
You next define the Effective Date for the exchange rates. The application uses these starting from this date
until the application clock reaches the Effective Date on the next exchange rate record.
You can enter the exchange rates for each currency pair directly through this program. You can also import the
rates from an external file generated by Epicor Service Connect. This import program is located under the
Actions menu. Each exchange rate indicates how many units of the target currency are needed to buy one unit
of the source currency. When you enter a business transaction in one currency, the application uses this exchange
rate to convert this value into equivalent values as this transaction is tracked on various records, books, sites, and
companies throughout your organization.

Menu Path
Navigate to this program from the Main Menu:
• Financial Management > Currency Management > General Operations > Exchange Rate Entry

Workshop - Set up Exchange Rate

In this workshop, set up an exchange rate for the US Dollar and Euro currencies.
Navigate to Exchange Rate Entry.
Menu Path: Financial Management > Currency Management > General Operations > Exchange Rate Entry

1. In the Rate Type field, search for and select RateType1.

2. Click the Effective Date button.

The Exchange Rate Search window displays.

3. From the Search Results grid, select the 01/01/10 effective date.

4. In the tree view, select USD-EURO.

5. In the Rate Value field, enter 1.

6. Click Save and exit Exchange Rate Entry.

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Landed Cost Course Landed Cost Setup

Country Maintenance

Use Country Maintenance to enter country records. A country record includes the ISO code, currency, language,
tax region, default sales taxes, and other country-specific settings.
If your company does business with customers and suppliers in other countries, define country-specific information
in Country Maintenance. This information defaults to all customers and suppliers in the country. It also defaults
to customer ship-to addresses and supplier purchase points.
The country record determines default options for currency, language, and printed address formats. For European
countries, it also configures international border crossing requirements.
The country record is optional if you primarily conduct business within one country.
When a country is not selected, the customer Sold To and Ship To records use the default country setup for
the company.

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, 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 - Review Ports

In this workshop, review a default port for Germany.

Navigate to Country Maintenance.
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. Click the Country button.

The Country Search window displays.

2. Click Search to open the Search Results grid.

3. Click Select All and click OK.

All the countries now display in the tree view.

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Landed Cost Setup Landed Cost Course

4. In the tree view, select Germany.

5. Navigate to the Port sheet.

6. In the Port field, verify HMBG displays.

This is the default port for Germany.

7. Exit Country Maintenance.

Company Configuration

Use Company Configuration to customize the Epicor application to best fit your company.

Landed Cost Defaults

In the Modules > Materials > Shipping Receiving sheet, use the Landed Costs Defaults section to set up
Landed Cost for shipping and receiving goods.
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 calculated in Receipt
Entry. This check box is clear by default.
• Apply Landed Cost After Receipt - Select this check box to allow landed costs to be applied after a receipt
is posted.
• Allow Split Container Shipment - Select this check box to allow containers to be split. This option can be
useful when less container lines are shipped or received than expected. If those container lines are in another
shipment, you can then move these lines to that other shipment.
• Allow Transfer of Indirect Costs - Select this check box to allow the transfer of indirect cost from one
shipment to another when received invoices are applicable to another shipment. You can use this option after
you split shipment lines to transfer indirect costs from one shipment to another.
• Allow Update of PO Transaction Value - Select this check box to allow updates to the duty calculation. It
does not affect the purchase order value of the received goods.
• Disable Uplift Percent - Select this check box to disable the uplift percentage calculation. This check box is
clear by default and allows you to mark up indirect cost.
• Default Disburse Method - Select the default method of disbursing landed costs.

Menu Path
Navigate to this program from the Main Menu:
• System Setup > Company/Site Maintenance > Company Configuration

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Landed Cost Course Landed Cost Setup

Workshop - Set Up Company Configuration

In this workshop, configure Landed Cost processing for shipping and receiving goods in Company Configuration.
Navigate to Company Configuration.
Menu Path: System Setup > Company/Site Maintenance > Company Maintenance
Important This program is not available in the Epicor Web Access.

1. Navigate to the Modules > Materials > Shipping Receiving sheet.

2. In the Landed Costs Defaults section, 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. In the Default Disburse Method field, verify Value display.

4. Click Save and exit Company Configuration.

HS Commodity Maintenance

Use HS Commodity Maintenance to define commodity codes. Use commodity codes to track Intrastat reporting
and landed costs. The WCO (World Customs Organization) developed a Harmonized System (HS) of commodity
codes. Most countries adopted or are in the process of adopting a commodity code system based on this
Harmonized System.
The HS commodity code classifies a group of goods. The classification is the same throughout the European
Union. For a detailed list of commodity codes, consult your local Intrastat office.
Since some countries use 4-6 digits, some use eight, and some append their numbers with two more digits, the
commodity code within the Epicor application has 12 characters. A conversion program converts the Intrastat
commodity codes already in the database. If Intrastat is enabled, the first 8 characters of the HS commodity code
become the Intrastat commodity number (ICN). Intrastat is only used for trade between European Union countries.
For each commodity code, specify whether weight or a secondary quantity must be indicated on invoices that
contain that commodity code. These fields can affect your ability to post an invoice. Tariffs are linked to HS
commodity codes instead of the individual part records. This reduces tariff maintenance on a part by part basis.
If you do not have Intrastat functionality, you can still use this program. Your industry may have a recognized
external coding system. Use HS Commodity Maintenance to enter these external codes; then select these records
throughout the Epicor application. These codes are for your reference only. They do not activate any functionality.

Menu Path
Navigate to this program from the Main Menu:
• Material Management > Inventory Management > Setup > HS Commodity

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Landed Cost Setup Landed Cost Course

• Material Management > Purchase Management > Setup > HS Commodity

• Material Management > Supplier Relationship Management > Setup > HS Commodity
• Production Management > Engineering > Setup > HS Commodity
• Production Management > Job Management > Setup > HS Commodity
• Sales Management > Order Management > Setup > HS Commodity
For CRM users, the Main Menu appears as:
• Customer Relationship Management > Order Management > Setup > HS Commodity

Workshop - Review Harmonized System Commodity Codes

In this workshop, review Harmonized System Commodity Codes used later in the course.
Navigate to HS Commodity Maintenance.
Menu Path: Material Management > Purchase Management > Setup > HS Commodity

1. Click the Code button.

The HS Commodity Code Search window displays.

2. Click Search to open the Search Results grid.

3. In the Search Results grid, select codes 8703230078 and 4011101060.

Use the Ctrl key to select both codes from the Search Results grid. Both codes display in the tree view.

4. In the tree view, click on each code to review its details.

5. Exit HS Commodity Maintenance.

Import Preference Scheme Maintenance

Use Import Preference Scheme Maintenance as the first step to set up tariffs to calculate landed cost duties.
With this program, you can identify a group of countries with the same tariff rules and regulations to become
part of a preference scheme.
Important Import Preference Scheme Maintenance is available only if your landed cost license is active.

A preference scheme can apply to one country or a group of countries. Most countries have trade agreements
(preference schemes) that lift duties or have lower tariffs.
Example For example, 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.

This program functions in conjunction with Import Tariff Maintenance and HS Commodity Maintenance.

Menu Path
Navigate to this program from the Main Menu:
• Material Management > Purchase Management > Setup > Import Preference Scheme

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Landed Cost Course Landed Cost Setup

Workshop - Review Import Preference Schemes

In this workshop, review the import preference scheme for the European Union.
Navigate to Import Preference Scheme Maintenance.
Menu Path: Material Management > Purchase Management > Setup > Import Preference Scheme

1. Click the Code button and search for and select the European Union code.
Notice both Germany and France are linked to this import preference scheme.

2. Exit Import Preference Scheme Maintenance.

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.
Important Import Tariff Maintenance is available only if your landed cost license is active.

Import Tariff Maintenance calculates landed cost tariffs and duties. You can apply rates based on a standard rate
amount or percentage, and define maximum and minimum duty amounts to apply to a shipment. You can also
link a commodity code list to a tariff code and apply these codes to a tariff. One or more tariffs can be used to
calculate the duty on one shipment item. Duties depend on the country of origin of the item. Most countries
have trade agreements (preference schemes) that lift duties or have lower tariffs. A preference scheme applies
to one country or to a group of countries.

Menu Path
Navigate to this program from the Main Menu:
• Material Management > Purchase Management > Setup > Import Tariff

Workshop - Review Import Tariffs

In this workshop, review the European import tariff.

Navigate to Import Tariff Maintenance.
Menu Path: Material Management > Purchase Management > Setup > Import Tariff

1. In the Code field search for and select the European Import Tariff code.

2. Review the Tariff Rate, Percent, Amount, Minimum Duty, and Maximum Duty values.
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, then the minimum duty amount
is used.
If the total calculated duty amount is more than the maximum duty amount, then the maximum duty amount
is used.

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Landed Cost Setup Landed Cost Course

3. Navigate to the Commodity Codes sheet.

Notice that both HS commodity codes reviewed previously are linked to this import tariff.

4. Exit Import Tariff Maintenance.

Miscellaneous Charge/Credit Maintenance

Use Purchasing Miscellaneous Charge/Credit Maintenance to define charges or credits that apply to purchase
orders. Select the general ledger controls that define the accounts to which the credits or charges post. Examples
include freight charges and expediting fees.
Important These miscellaneous charges are not the same charges you set up in the Order Management
or Accounts Receivable modules. You pay these charges to suppliers. Your customers pay the miscellaneous
charges set up in the Order Management and Accounts Receivable modules.

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 - Review Miscellaneous Charges/Credits

In this workshop, add an indirect cost code.

Navigate to Purchasing Miscellaneous Charge/Credit Maintenance.
Menu Path: Material Management > Purchase Management > Setup > Miscellaneous Charge/Credit

1. In the Charge ID field search for and select IMP1.

2. In the Type field, verify amount displays.

Specifies whether the miscellaneous charge is calculated as a flat amount or as a percentage of the extended
price.

3. Verify the Landed Cost check box is selected.

Specifies whether the charge can be selected as a landed cost in either Receipt Entry or Container Landed
Cost Entry.

4. In the Landed Cost Method field, verify Value displays.

Specifies one of the following methods for calculating the landed cost:
• Value
• Quantity
• Weight
• Volume

5. In the Cost Amount field, verify 100 displays.

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Landed Cost Course Landed Cost Setup

This is the standard cost for this miscellaneous charge. This is the default amount that will be applied to
orders and invoices.
Example Your standard fee for expediting an order is 100.00. Set up a miscellaneous charge called
EXP and enter its amount as 100. When you create an expedited order, select the EXP charge; the
Amount field will automatically be 100. Your fee for freight always changes. Set up a miscellaneous
charge called FRT and do not assign it an amount. When you add the freight charge to an order, enter
the charge’s amount directly into the order.

6. In the Currency field, verify Euro displays.

Specifies the currency used for this miscellaneous charge or credit record.

7. Click Save and exit Purchasing Miscellaneous Charge/Credit Maintenance.

Supplier Shipment Class Maintenance

Use Supplier Shipment Class Maintenance to set up the characteristics of common containers being shipped,
including volume and default cost information. Use the shipment container class when you add container
shipments in Container Landed Cost Entry. 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, but can be
overridden for specific container shipments.
Important The landed cost functionality of this program is available only if your landed cost license is
active.

Menu Path
Navigate to this program from the Main Menu:
• Material Management > Shipping / Receiving > Setup > Supplier Shipment Class

Workshop - Review Supplier Shipment Classes

In this workshop, review the European Union shipment class.

Navigate to Supplier Shipment Class Maintenance.
Menu Path: Material Management > Shipping / Receiving > Setup > Supplier Shipment Class

1. In the Shipment Class field search for and select European Container.

2. In the Loading Port field, verify Hamburg Germany displays.

Specifies the port where the good are loaded on the vessel.

3. In the Discharge Port field, verify Boston, MA displays.

Specifies the first location where the goods are unloaded.

4. Navigate to the Indirect Cost sheet.

5. In the Charge ID field, verify Import from European Union displays.

Specifies the code for the indirect charge linked this shipment class.

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Landed Cost Setup Landed Cost Course

6. In the Cost Amount field, verify 100 displays.

Specifies the indirect charge.

7. Exit Supplier Shipment Class Maintenance.

Part Maintenance

Use Part Maintenance to enter or update part information. Parts are either purchased items you use for raw
materials or subassemblies or manufactured items you use to fill sales orders.
Each part record contains crucial data you may need for purchase or production needs. A part record contains
general information such as part number, description, and search criteria. Also, a part record defines inventory
information, which includes unit of measure (UOM) options for sales, purchases, inventory, non-stock classifications,
serial number tracking, and weight values. You also define warehouse and bin information for each part, including
Minimum, Maximum, and Safety Stock quantities. If this part is included in a sales kit, define these parameters
as well.
When you set up a part, you can access it from each site within the company, and use it on jobs. You can also
select parts as materials on quote, job, or part methods of manufacturing. If you use the Engineering module,
purchased or manufactured parts on a bill of material must have a record set up in Part Maintenance.
Tip Most modules do not require parts to exist in Part Maintenance, but it is recommended that you enter
parts in this program, as each record requires little data and can save you data entry time later.

Menu Path
Navigate to this program from the Main Menu:
• > Gift Card - Item
• 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, the Main Menu appears as:
• Customer Relationship Management > Configurator Management > Setup > Part
• Customer Relationship Management > Demand Management > Setup > Part
• Customer Relationship Management > Order Management > Setup > Part

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Landed Cost Course Landed Cost Setup

Workshop - Review Part Records

In this workshop, review part records used later in the course.

Navigate to Part Maintenance.
Menu Path: Material Management > Purchase Management > Setup > Part

1. In the Part field search for and select part CAR-A-100.

2. In the HS Commodity Code field, verify 8703230078 displays.

3. In the Unit Net Weight field, verify 4,000 LB displays.

4. In the Unit Net Volume field, verify 3,400 L displays.

5. In the Part field, right-click and select Open With > Part Tracker.
The Part Tracker displays.

6. Navigate to the General > Costs > Detail sheet.

Notice the Part Costs Details section displays zero part costs.

7. Exit the Part Tracker.

8. Remain in Part Maintenance.

9. Repeat steps 1 -7 to review details for part TYRE-A-100 using the information below:

Field Data
HS Commodity Code 4011101060
Unite Net Weight 20 LB
Unite Net Volume 10 L
Part Costs Details zero

10. Exit Part Maintenance.

Supplier Maintenance

Use Supplier Maintenance to create supplier records. Suppliers are businesses from whom you purchase products
and services. 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 application before that supplier is available on a purchase
order, or as an approved supplier specific to a part, part class, or customer record.
Supplier records define several options which activate functionality you use throughout the Epicor application.
Use this program to define how taxes are levied and payments are made against purchases through each supplier.
If you buy parts from multiple locations from a supplier, you can define each purchase point within supplier
records. Users can then select these purchase points on purchase orders and other records. Supplier records also

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Landed Cost Setup Landed Cost Course

contain information on shipping manifests, so you can indicate how this organization ships part quantities to
your company.
Supplier records are needed for various multi-company processes. A supplier record can be defined as a global
record within a parent company, and then child companies within your organization can link to this record. As
changes are made to a global supplier record, these changes automatically update within the linked child records.
Supplier records can then be used for central payments, inter-company trading, and consolidated purchasing. If
your organization has the Multi-Site license, you can leverage this functionality.
Note Once a supplier record is created, use the Supplier Search window to search for and select a specific
supplier record. The search results can be sorted by Country, ID, Name, or Tax ID Num. The Tax ID Num
is important in some countries as businesses identify vendors through their Tax ID number.

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 - Review Supplier Records

In this workshop, review and modify supplier records used later in the course.
Navigate to Supplier Maintenance.
Menu Path: Material Management > Purchase Management > Setup > Supplier

1. In the Supplier field, search for and select GERTYRE.

2. In the Currency field, verify Euro displays.

3. In the Supplier field, search for and select GERCAR.

4. In the Currency field, verify Euro displays.

5. In the Supplier field, search for and select MAERSK.

6. In the Currency field, select Euro.

7. Click Save.

8. Exit Supplier Maintenance.

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Landed Cost Course Daily Processing

Daily Processing

This section of the course guides you through the process of entering landed costs in the Epicor application. The
basic process is defined below and is demonstrated through hands-on workshops throughout this section of the
course. To enter landed costs, you perform the following operations:

1. Create purchase orders.

2. Create a shipment.

3. Enter indirect costs.

4. Disburse indirect costs using different disburse methods.

5. Complete the shipment.

6. Process the accounts payable invoice for the goods received.

Epicor ERP | 10 21
Daily Processing Landed Cost Course

22 Epicor ERP | 10
Landed Cost Course Daily Processing

Workshop - Add Purchase Orders

In this workshop, add two purchase orders for the goods that you are ordering from your suppliers.

Add a First Purchase Order

Navigate to Purchase Order Entry.
Menu Path: Material Management > Purchase Management > General Operations > Purchase Order Entry

1. From the New menu, select New PO.

2. In the Buyer field, select House Account.

3. In the Supplier field, search for and select GERCAR.

4. Navigate to the Header > Detail sheet.

5. In the Currency field, verify Euro displays.

6. Click Save.

7. Note the PO Number __________.

8. Remain in Purchase Order Entry for the next workshop task.

Add a PO Line and Approve the First Purchase Order

1. From the New menu, select New Line.

The Lines > Detail sheet displays.

2. In the Part/Rev field, search for and select part CAR-A-100.

3. In the Our Qty field, enter 5 and press Tab.

4. In the Unit Price field, enter 30,000 and press Tab.

5. Click Save.

6. Navigate to the Summary sheet.

7. Select the Unapproved check box.

The green Approved indicator displays.

8. Click Save.

9. Remain in Purchase Order Entry for the next workshop task.

Epicor ERP | 10 23
Daily Processing Landed Cost Course

Add a Second Purchase Order

1. From the New menu, select New PO.

2. In the Buyer field, select House Account.

3. In the Supplier field, search for and select GERTYRE.

4. Navigate to the Header > Detail sheet.

5. In the Currency field, verify Euro displays.

6. Click Save.

7. Note the PO Number __________.

8. Remain in Purchase Order Entry for the next workshop task.

Add a PO Line and Approve the Second Purchase Order

1. From the New menu, select New Line.

The Lines > Detail sheet displays.

2. In the Part/Rev field, search for and select part TYRE-A-100.

3. In the Our Qty field, enter 1,000 and press Tab.

4. In the Unit Price field, enter 50 and press Tab.

5. Click Save.

6. Navigate to the Summary sheet.

7. Select the Unapproved check box.

The green Approved indicator displays.

8. Click Save.

9. Exit Purchase Order Entry.

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. Use this program to add and delete purchase order releases from a container, as well
as ship and unship a container.
Important Container Landed Cost Entry is available only if your landed cost license is active.

24 Epicor ERP | 10
Landed Cost Course Daily Processing

You can specify a supplier shipment class code (previously defined in Supplier Shipment Class Maintenance) for
the container shipment. 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, but can be overridden for
specific container shipments.
When a container is shipped from a supplier, a notification is received with the actual shipment date, estimated
arrival date, and volume specification of the shipped goods. Based on this information, the related purchase
order releases can be updated with new due dates and quantities. Define landed costs (for example, duties,
indirect costs, and uplift percentages) for each shipment. When the parts are received, the Epicor application
applies landed costs to the part unit cost.
The transactions processed in Container Landed Cost Entry have the following states:
• Ordered - Items are ordered but not shipped.
• Shipped - Items left the export port.
• Imported - Items passed customs.
• Arrived - Items are on site but not yet available for inventory. Costs can still be applied.
• Received - Items are in inventory and GL transactions are posted. Costs can no longer be applied to the item
inventory value.

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.

If the number of shipped (received) items is more or less than expected according to the purchase order (PO)
release, then a decision must be made about this variance.
You can select one of the following options:
• Create New - 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.
• Ship Short - Adjust the current PO release quantity and PO line quantity.
• None - Do nothing and allow Material Requirements Planning (MRP)/PO suggestions to resolve the variance
when the items are received.
• Arrive Short - Update the original PO release and close it.

Workshop - Add a Shipment

In this workshop, ship the ordered parts. Use one container to ship both purchase orders.
Navigate to Container Landed Cost Entry.
Menu Path: Material Management > Shipping / Receiving > General Operations > Container Landed Cost Entry

1. From the New menu, select New Shipment.

The Shipment ID is automatically assigned.

2. Note the Shipment ID _______.

3. In the Description field, enter New Container from Germany.

Epicor ERP | 10 25
Daily Processing Landed Cost Course

4. In the Status field, verify Ordered defaults.

5. In the Shipment Class field, select European Container.

6. From the Actions menu, select Add Multiple Shipment Lines.

The Purchase Order Release Search window displays.

7. In the Starting At field, enter the first purchase order number recorded previously and click Search.

8. In the Search Results grid, use the Ctrl key to select the first and second purchase order and click OK.

9. In the Shipping Option field, select Create New.

10. In the Receipt Option field, select Create New.

11. In the Vessel field, enter TransAtlantic222.

12. In the Shipped field, select the date one week ago.
The Update the PO Releases Due Date message displays.

13. To the message, click Yes.

The Landed Cost of 7,326.00 does not equal the disbursed amount of 7,226.00 message displays.
Note The amount of 7226.00 is the total duty amount for both parts, CAR-A-100 and TYRE-A-100.
The duty is calculated from the import tariff code based on the tariff rate and percentage. The amount
of 7,326.00 represents the total landed cost amount: 100 (Import from European Union
miscellaneous charge) + 7,226 (total duty amount) = 7,326 (total landed cost amount). As
indirect cost is to be shared with two different items, it needs to be allocated either via value, quantity,
volume, or weight. In this scenario the indirect cost is EURO 100 (Import from European Union). Duty,
however, is item-specific. So, it is distributed based on the quantity received from that item (Duty/Qty
received). The disbursement method applies to indirect cost only.

14. To the message, click OK.

15. In the Due Date field, select the date two weeks from today.

16. In the Status field, select Shipped.

The Landed Cost of 7,326.00 does not equal the disbursed amount of 7,226.00 message displays.

17. To the message, click OK.

The Shipped status displays.

18. Click Save.

19. Fully expand the tree view.

20. In the tree view, click on Line: PO XXXX Line 1 Release 1 (where XXXX is the first purchase order number).
The Lines > Detail sheet displays.

21. In the PO Transaction Value field, verify 150,000 displays.

Specifies the PO line value.

26 Epicor ERP | 10
Landed Cost Course Daily Processing

22. In the Extended Trans Value field, verify 150,075 displays.

Specifies the combined amount of PO Transaction Value plus all indirect costs that are marked as transaction
value costs. In this scenario the indirect cost is EURO 100 (Import from European Union miscellaneous charge).

23. Review the following fields:

Field Data
Ship Qty 5 EA
Volume 17,000 L
Net Weight 20,000 LB

24. In the tree view, click on Line: PO XXXX Line 1 Release 1 (where XXXX is the second purchase order
number).

25. Review the following fields:

Field Data
Part TYRE-A-100
Ship Qty 1,000
Volume 10,000 L
Net Weight 20,000 LB
PO Transaction Value 50,000
Extended Transaction Value 50,025

26. In the tree view, under the first purchase order, click on Duty:1.
The Lines > Duties > Details sheet displays.

27. In the Duty Amount field, 1,625.75 displays.

The amount is calculated based on PO Release Value, Shipment Qty, Tariff Rate, Tariff Percent and Tariff
Specific Amount.

28. In the tree view, under the second purchase order, click on Duty:1.

29. In the Duty Amount field, 5,600.25 displays.

The total duty amount is therefore 1,625.75 + 5,600.25 = 7,226.

30. Remain in Container Shipment Landed Cost Entry.

Workshop - Enter Indirect Costs

In this workshop, enter the indirect costs to prorate across the container landed cost lines. These costs can be
miscellaneous charges such as insurance, import, freight, or handling costs.

1. Navigate to the Header > Indirect Costs > Details sheet.

2. In the Charge field, the Import from European Union charge displays.

Epicor ERP | 10 27
Daily Processing Landed Cost Course

3. In the Disburse Method field, verify Value displays.

This field specifies the disbursement method per indirect cost.

4. In the Estimate Amount field, verify 100 display.

This amount is used in the Landed Cost calculation if the Actual Amount field does not have a value.

5. Verify the Exclude from Landed Cost check box is clear.

This selection excludes the indirect cost from the Landed Cost disbursement.

6. Verify the Include in Transaction Value check box is clear.

Note If this check box is selected, the indirect charge increases the transaction value used for
disbursement. You can select only one check box: Exclude from Landed Cost or Include in
Transaction Value.

7. Click Save.
The Landed Cost of 7,326.00 does not equal the disbursed amount of 7,226.00 message displays
again.

8. To the message, click OK.

9. Remain in Container Shipment Landed Cost Entry.

Workshop - Disburse Indirect Costs

In this workshop, the Landed Cost process disburses indirect costs by calculating and then pro-rating the indirect
costs per container landed cost line.

1. Navigate to the Landed Costs sheet.

The quantity used in the quantity calculation method depends on the shipment status. In this workshop,
the parts have been shipped. The calculation uses the shipped quantity.

2. In the Landed Cost field, verify 7,325 displays.

3. In the Duty Amount field, verify 7,225 displays.

4. In the Indirect Cost field, verify 100 displays.

This value defaults from the Import from European Union purchasing miscellaneous charge reviewed previously
in the Workshop - Review Miscellaneous Charges/Credits.

5. In the Disburse Method field, verify Value displays.

6. In the Disbursed Amount field, verify 7,225 displays.

7. Navigate to the Landed Cost > List sheet.

8. In the List grid, rearrange the columns in the following order:

• PO
• Line

28 Epicor ERP | 10
Landed Cost Course Daily Processing

• Release
• Part Number
• LC Indirect Cost
• Landed Cost Amount
• Ship Qty
• Extended Cost
• Volume
• Weight

9. Navigate to the Landed Cost > Details sheet.

10. Click the Disburse Indirect Cost button.

11. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8.
Notice the Landed Cost and Disbursed Amount fields display the same values and the Landed Cost is
proportional with the Extended Cost.
Example A container has a landed cost amount (the container cost from the Header sheet) of 90.00.
The container has three PO release lines: Line 1 is of volume 2.00, weight 3.00, and value 4.00. Line
2 is of volume 3.00, weight 4.00, and value 2.00. Line 3 is of volume 4.00, weight 2.00, and value
3.00. lf the Method is Volume and you click Disburse Indirect Cost, the Landed Cost Amount values
adjust as follows: Line 1: 20.00; Line 2: 30.00; Line 3: 40.00 If the Method is Weight and you click
Disburse Indirect Cost: Line 1: 30.00; Line 2: 40.00; Line 3: 20.00 If the Method is Value and you
click Disburse Indirect Cost: Line 1: 40.00; Line 2: 20.00; Line 3: 30.00 If the Method is Manual,
then manually enter values as desired.

12. Navigate back to the Landed Cost > Detail sheet.

13. In the Disburse Method field, select Quantity and click the Disburse Indirect Cost button.

14. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8.
Landed Cost in proportional with the Ship Quantities.

15. Navigate back to the Landed Cost > Details sheet.

16. In the Disburse Method field, select Volume and click the Disburse Indirect Cost button.

17. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8.
Landed Cost in proportional with the Ship Volume.

18. Navigate back to the Landed Cost > Detail sheet.

19. In the Disburse Method field, select Weight and click the Disburse Indirect Cost button.

20. Navigate back to the Landed Cost > List sheet and review the fields rearranged in step 8.
Landed Cost in proportional with the Ship Weight.

21. Click Save.

22. Minimize Container Shipment Landed Cost Entry.

Epicor ERP | 10 29
Daily Processing Landed Cost Course

Workshop - Enter an Accounts Payable Invoice

The container left the shipping port and the goods are on the way to your company. You have just received an
invoice from MAERSK to cover the cost of shipping. In this workshop, enter the AP Invoice (late cost) for your
shipping courier.
Navigate to AP Invoice Entry.
Menu Path: Financial Management > Accounts Payable > General Operations > Invoice Entry

1. From the New menu, select New Group.

2. In the Group field, enter MAERSK.

3. Click Save.

4. From the New menu, select New Invoice.

The Header > Detail sheet displays.

5. In the Supplier field, enter MAERSK.

6. In the Invoice field, enter XXXX (where XXXX are the last four digits of your phone number).

7. In the Invoice Date field, select today's date.

8. In the Description field, enter Maersk shipment cost.

9. In the Amount field, enter 500.

10. In the Terms field, enter Net 30.

11. Click Save.

12. From the New menu, select New Late Cost.

The Header > 3rd Party Late Cost sheet displays.

13. In the Charge Code field, select MAERSK Shipping Cost.

14. In the Late Cost Lines grid, verify the following information displays:

Field Data
Type Amount
Misc Amount 500
Amount 500
Currency Code EURO
Source Manual
Disburse Method Value

15. Click Save.

30 Epicor ERP | 10
Landed Cost Course Daily Processing

16. Navigate to the Summary sheet.

17. In the Amount field, verify 500 displays.

18. From the Actions menu, select Group > Post.

The AP Invoice Post Process window displays.

19. Click Submit and exit the AP Invoice Post Process window.

20. Exit AP Invoice Entry.

Workshop - Add and Disburse Additional Indirect Cost for the Same Shipment

In the previous workshop, you entered an new accounts payable late cost invoice for EURO 500.00 to cover the
shipping cost. As this cost is indirect, link it to the same shipment record and disburse the updated indirect cost
amount among the purchase order lines.

1. Maximize Container Shipment Landed Cost Entry.

2. Navigate to the Landed Costs sheet.

3. From the Actions menu, select Get > AP Invoices Miscellaneous Charge.
The AP Invoice Misc Charges window displays.

4. In the AP Invoice Misc Charges grid, select the invoice created in the Workshop - Enter and Accounts
Payable Invoice.
The Selected check box needs to be selected.

5. Click OK.

6. Click Refresh.
In the Landed Cost and Indirect Cost fields, notice that EURO 500 is added to the original displayed
amount.

7. Fully expand the tree view.

8. Navigate to the Header > Indirect Costs > Detail sheet.

9. In the tree view, click on the Indirect Costs (2) > Indirect Cost 2 option.

10. In the Invoice field, verify the invoice number entered in the previous workshop displays (the last four digits
of your phone number).

11. In the Supplier field, MAERSK displays.

12. In the Charge field, MAER displays.

13. In the Apply Date field, verify today's date displays.

14. Verify the Exclude from Landed Cost check box is clear.

15. Clear the Include in Transaction Value check box.

Epicor ERP | 10 31
Daily Processing Landed Cost Course

16. In the Actual Amount field, verify 500 displays.

17. In the Disburse Method field, select Volume.

18. Click Save.

The Landed Cost of 7,325.00 does not equal the disbursed amount of 7,225.00 message displays.

19. To the message click OK.

20. Navigate to the Landed Costs > Details sheet.

21. In the Indirect Cost field, 600 displays.

The original Indirect Cost value was EURO 100 (Import from European Union). As you linked the late cost
invoice with this Shipment ID record, the value increased by EURO 500.

22. In the Disburse Method field, select Volume and click the Disburse Indirect Cost button.

23. Navigate to the Landed Cost > List sheet and review the fields.
Notice the Landed Cost and Disbursed Amount fields display the same values and the Landed Cost is
proportional with the Ship Volume.

24. Navigate back to the Landed Cost > Detail sheet.

25. In the Disburse Method field, select Value and click the Disburse Indirect Cost button.

26. Navigate back to the Landed Cost > List sheet and review the fields.
Landed Cost in proportional with the Extended Cost.

27. Navigate back to the Landed Cost > Detail sheet.

28. In the Disburse Method field, select Weight and click the Disburse Indirect Cost button.

29. Navigate back to the Landed Cost > List sheet and review the fields.
Landed Cost in proportional with the Ship Weight.

30. Navigate back to the Landed Cost > Detail sheet.

31. In the Disburse Method field, select Quantity and click the Disburse Indirect Cost button.

32. Navigate back to the Landed Cost > List sheet and review the fields.
Landed Cost is proportional with the Ship Quantities.

33. Click Save.

34. Minimize Container Shipment Landed Cost Entry.

Workshop - Complete the Shipment

The container has arrived so you need to complete the shipment. In this workshop, receive the container.
Navigate to Container Receipt.
Menu Path: Material Management > Shipping / Receiving > General Operations > Container Receipt Entry

32 Epicor ERP | 10
Landed Cost Course Daily Processing

1. In the Shipment ID field, enter the Shipment ID created in the Workshop - Add a Shipment and press
Tab.

2. Verify the Contents > Arrived sheet displays.

3. In the Arrived Lines grid, in the Supplier Qty column, verify the values of 5 and 1000 display.
Both purchase orders have been received in full amounts.

4. Navigate to the Stock > Detail sheet.

5. Fully expand the tree view.

6. In the Receipt Details field, select the first purchase order, Line 1.

7. Select the Line Received check box.

In the tree view, the Line 1 moved to the Received mode.

8. In the Receipt Details field, select the second purchase order, Line 1.

9. Select the Line Received check box.

In the tree view, the Line 1 of the second purchase order has also moved to the Received mode.

10. Navigate to the Contents > Received sheet and review the received lines.

11. Select the Received All check box.

12. Click Save.

13. Exit Container Receipt.

14. Maximize Container Shipment Landed Cost Entry.

15. Navigate to the Header > Detail sheet and click Refresh.

16. In the Status field, verify Imported displays.

17. In the Received Status field, verify RECEIVED displays.

The items are put into inventory and GL transactions are posted. Costs can no longer be applied to the item
inventory value.

18. Navigate to the Landed Cost sheet.

19. In the Applied to Receipt field, verify 7,825 displays.

This field specifies the landed cost amount applied to received items. The value comprises all the indirect
costs (100 + 500 = 600) and the duty amount (1,625 + 5,600 = 7,225).

20. Click Save and exit Container Shipment Landed Cost Entry.

Workshop - Review Part Costs

In this workshop, review part costs for the CAR-A-100 and TYRE-A-100 parts.
Navigate to the Part Tracker.

Epicor ERP | 10 33
Daily Processing Landed Cost Course

Menu Path: Material Management > Purchase Management > General Operations > Part Tracker

1. In the Part field, enter CAR-A-100 and press Tab.

2. Navigate to the General > Costs > Detail sheet.

3. In the Last Material field, verify 30,000 displays.

This is the cost of all the materials required to make the current quantities of the part.

4. In the Last Material Burden field, verify 416 displays.

This is the cost of unallocated expenses placed against a material quantity. These costs cannot be handled
through typical production or purchasing calculations.

5. In the Last Cost field, verify 30,416 displays.

These values are the amounts recorded on the most recent part transaction made against this part.

6. In the Avg Material field, verify 30,000 displays.

7. In the Avg Material Burden, verify 416 displays.

8. In the Avg Cost field, verify 30,416 displays.

9. Navigate to the On Hand sheet.

10. Repeat steps 1 - 8 to review costs for part TYRE-A-100:

Field Data
Part TYRE-A-100
Last Material 50
Last Material Burden 5.76
Last Cost 55.76
Avg Material 50
Avg Material Burden 5.76
Avg Cost 55.76

11. Exit the Part Tracker.

(Optional) Workshop - Pay Suppliers

In this workshop, enter and post accounts payable invoices for the goods received.

Enter the First Invoice

Navigate to AP Invoice Entry.
Menu Path: Financial Management > Accounts Payable > General Operations > Invoice Entry

1. From the New menu, select New Group.

34 Epicor ERP | 10
Landed Cost Course Daily Processing

2. In the Group field, enter GER-Inv.

3. Click Save.

4. From the New menu, select New Invoice.

The Header > Detail sheet displays.

5. In the Ref PO field, enter the first purchase order number you created in the Workshop - Add Purchase
Orders and press Tab.

6. In the Invoice field, enter Gercar.

7. In the Invoice Date field, select today's date.

8. In the Description field, enter Gercar.

9. In the Terms field, select 1/10 Net 30.

10. In the Currency field, verify Euro defaults.

11. Click Save.

Add Receipt Lines

1. From the New menu, select New Receipt Line.

The AP Invoice Add Receipt Billing Lines window displays and populates.

2. Click Select All.

All the selected lines move from the Uninvoiced Receipt Lines section to the Selected Receipts section.

3. Click Create Lines.

4. On the Header > Detail sheet, in the Amount field, enter the amount that displays in the Line Amounts
field.
The values of the Amount and Line Amounts fields must be equal.

5. Click Save.

Enter the Second Invoice

1. From the New menu, select New Invoice.

The Header > Detail sheet displays.

2. In the Ref PO field, enter the second purchase order number you created in the Workshop - Add Purchase
Orders and press Tab.

3. In the Invoice field, enter Gertyre.

4. In the Invoice Date field, select today's date.

Epicor ERP | 10 35
Daily Processing Landed Cost Course

5. In the Description field, enter Gertyre.

6. In the Terms field, select 1/10 Net 30.

7. In the Currency field, verify Euro defaults.

8. Click Save.

Add Receipt Lines

1. From the New menu, select New Receipt Line.

The AP Invoice Add Receipt Billing Lines window displays and populates.

2. Click Select All.

All the selected lines move from the Uninvoiced Receipt Lines section to the Selected Receipts section.

3. Click Create Lines.

4. On the Header > Detail sheet, in the Amount field, enter the amount that displays in the Line Amounts
field.

5. Click Save.

Post the Invoice Group

1. From the Actions Menu, select Group > Post.

The AP Invoice Post Process window is displays.

2. Click Submit.
The invoices post to the General Ledger.

3. Close the AP Invoice Post Process window and exit AP Invoice Entry.

36 Epicor ERP | 10
Landed Cost Course Conclusion

Conclusion

Congratulations! You have completed the Landed Cost course.

Epicor ERP | 10 37
Index Landed Cost Course

Index
E
exchange rate entry 10

38 Epicor ERP | 10
 Additional information is available at the Education and
Documentation areas of the EPICweb Customer Portal. To access
this site, you need a Site ID and an EPICweb account. To create an
account, go to http://support.epicor.com.