You can calculate a net landed cost for a product that is ordered on a purchase order. The net landed cost is calculated based on the cost of the line item plus additional charges. This allows you to determine the net landed cost of a line item at the time of purchase order creation rather than at receipt time. This is useful for companies that import and/or distribute products that have freight, duty, and other import-related charges.
After products are entered for ordering on a purchase order, the Items tab in Purchase Order Maintenance (not in PO Line Item Entry) contains the following two columns:
Net Landed Cost - The net landed cost displayed in the purchasing unit of measure. It is the cost of the product plus additional charges.
Selling Net Landed Cost - The net landed cost displayed in the selling unit of measure.
Product Supplier Purchase Order Inquiry displays the landed cost of a product-supplier purchase order record.