Estimated Landed Cost

Estimated Landed Cost automates the calculation of landed cost estimates for each transaction line item. It extends the Landed Cost feature with the use of landed cost templates. You can set up templates with multiple cost categories and assign each category with its own allocation method. Landed cost estimates are derived from the allocation method and cost factor, which you can update as needed.

You can add landed cost templates to the following types of items where you track landed cost:

• Inventory items

• Assembly items

Estimated Landed Cost can be used on the following transactions:

• Purchase order

• Item receipt

• Standalone vendor bill

When you assign landed cost templates to transaction line items, landed cost estimates are automatically applied as the items are received. You can receive large orders without having to manually apply landed cost estimates for each of the items.

Availability

The Estimated Landed Cost feature is available in the Supply Chain Management SuiteApp. To purchase the SuiteApp, contact your account manager.

Limitations

• Estimated Landed Cost can be used on purchase orders, item receipts, and vendor bills. Transactions for credit card charges and checks are not supported.

• Purchase orders received through inbound shipments are not supported.

• Use of Estimated Landed Cost requires that you check the Enable Estimated Landed Cost box for both standard and custom roles. To enable this box, you must customize or edit roles who want to use estimated landed cost. For more information, see Roles and Permissions for Estimated Landed Cost.

• In addition to standard ways of entering items and item receipts, landed cost templates are supported and can be applied through the following:

  • When using the Add Multiple option to add items to purchase orders only

  • When using web service and scheduled scripts to create item receipts only

• Landed cost templates that have been set up on parent matrix items can be inherited by their child matrix items. This behavior is applicable to matrix items only. For more information, see the guidelines in the Assigning Landed Cost Templates to Items topic.

• You can use import for landed cost template mappings only. For more information, see Importing Landed Cost Template Mappings.

• Item receipts generated from return authorizations are not supported.

• Estimated landed cost set up on item records are automatically picked up in the line item only if the purchase order is created in NetSuite.

General Notices