The "Landed Cost Setup" is used to control configuration of the Landed Cost application.
The following fields are available on the "Landed Cost Setup" screen.
| Container Nos. | The Containers Nos. field enables you to define the "No. Series" you wish to use when creating "Landed Cost Containers" within the system and should be set if you want the Container No. to be automatically assigned. If Container Nos. are to be assigned manually then you do not need to populate this field |
| Restrict Container Reopen | This option will prevent the Status of a Landed Cost Container from begin changed from Released to Open if there are Warehouse Documents created for the expected arrival of the Container |
| Default Cost Treatment |
When setting up new Landed Cost Types, the Cost Treatment setting will default to this setting. Default implements the use of Overhead Rate Cost posting with landed cost variances being posted to the General Ledger, which was the behaviour of Clever Landed Costs prior to version 5.0.0. Selecting Charge Item will setup the relevant Cost Type to post Expected and Actual Cost directly into Inventory using Value Entries and ensure that variances are also applied to Inventory |
| Default Gen. Bus. Posting Group |
Sets the default Business Posting Group on new Landed Cost Types, which is used to find the correct Inventory accounts "Inventory Posting Setup" and "General Posting Setup" when expected and actual landed costs are posted. This is used in conjunction with the "Gen. Prod. Posting Group" assigned to the relevant "Item Charge" |
| Invoice Wizard - Default Select All Cost Types |
Specifies if all Landed Cost Types should be selected for processing as default when using the Landed Cost Invoice Wizard on a Purchase Invoice |
| Fixed Cost Editable when Released |
Controls whether you are able to edit Fixed Cost for relevant Landed Cost Types after a Document ("Purchase Order" / "Transfer Order") or "Landed Cost Container" has been Released |
| Container Weight Capacity Metric |
Options can be set to either Net Weight or Gross Weight. This determines how the Assigned Weight on the Landed Cost Container screen is calculated |
| Incoterm Allocation Enabled |
This controls whether to use the Shipment Method Code to determine whether a Landed Cost assignment should be applied to either the "Purchase Order" or the "Transfer Order" |
If you wish to have easier access to the further setup pages for Clever Landed Costs, you can click into Setup which shows you all related setup tables as shown below.
More information on the purpose of these are detailed in the following sections of the Setup guide.