Landed Cost POP Transactions
POP and Landed Costs
The processing performed depends on the Transaction Option Update Stock on Order:
If this is not selected, Landed Costs are not calculated at this point, they will be calculated at the Delivery point.
If this is selected, the 'on order' Quantity is updated, and this Quantity is used to calculate the Committed Landed Costs.
Purchase Orders
Editing Orders
If a batched Purchase Order is edited, this may change the 'ordered in' quantity, and therefore the Committed Landed Costs.
Committed Landed Costs are updated to 2 places on the Quantity and Landed Costs tab cards in the Sub Analysis window.
Firstly to a field called Committed Costs on the Quantity tab card,
Secondly these Committed Costs are included as a column on the Landed Costs tab card.
If the Sub Analysis Code on the Detail line has been left blank, no Landed Costs can be calculated until this Code is entered.
Delivery of the Purchase Order
Landed Cost calculation
If the Order is entered and delivered at the same time, the change in the Physical quantity is used to calculate the Landed Costs.
If the Order has been Batched and is now being Delivered:
Regardless of whether the Order is delivered straight from the Batch list window, or through the Detail screen (part deliveries/adding the Sub Analysis), the Physical quantity is updated, and it is the change in this value that should be used in the Landed Cost calculation.
This is also the point at which the Landed Cost transaction detail is generated.
If Committed Landed Costs have already been calculated, they are now reduced as the 'outstanding to deliver' quantity decreases, they are not relevant to the actual Stock valuation.
If the Delivery is updated, the Actual Landed Costs are saved.
If the Delivery is not updated, that particular calculation of Actual Landed Costs is cancelled, and the Committed Landed Costs are reset.
This is specifically for the 'deliveries to update' field, as although the Delivery Note has been printed, the Order Quantity has not been accepted as the Delivered Quantity.
The final action involved here is the update Cost Price.
If the Cost Price on the Order is different from that on the Sub Analysis tab card, the Unit Cost Price on this Sub Analysis will be updated and used in the calculation of the Actual Landed Costs.
Purchase Order Credit Notes
When processing a Credit Note there is a Transaction option Do not update Stock.
If this option is selected, then there is no Stock Movement and no Landed Cost effect.
If this option is not selected, then Stock is updated by a Movement Out at the Average Landed Cost value (as described earlier).