Add a Landed Cost Code

Use the Landed Cost Codes Maintenance (TMM) program to maintain the codes and percentage of cost for landed cost categories. See Overview: Landed Costs for more information.

Current landed cost codes are listed:

Field Name

Displays

LC code

The unique identifier assigned to this landed cost code

Description

A description of the landed cost

Cost %

The percentage of an item's cost

  1. Choose the appropriate options:

To

Do This

Add a landed cost code

Click Add.

Delete a landed cost code

Highlight the line and click Delete. See Delete.

Caution
Before you delete a code, be sure it is not used anywhere in the system.

Copy a landed cost code

Highlight the line and click Copy. See Copy.

Display or change a landed cost code

Highlight the line and click Select or double click the line.

Print the list of landed cost codes

Click Print. See Print.

Exit the program

Click Exit.

  1. Enter or change data in these fields:

Field Name

Type / Max Length

Action / Description

Landed cost cd

Required
2 alphanumeric

Enter a unique identifier for the landed cost code you want to create.

This field cannot be changed once the landed cost code is added.

Description

Required
15 alphanumeric

Enter a description for this landed cost code.

Cost %

Required
7 numeric in the format 9999.999

Enter the percentage of an item's purchase cost that is added to the PO cost when an item subject to standard landed costs is received.

If the item is subject to actual landed costs (i.e., storage or duty is invoiced against the receipt separately) and you want to accrue costs at the time of receiving, enter the standard or expected percentage. After all invoices associated with the receipt are updated, the difference between the standard or expected amount and the invoiced amount is posted as a variance.

See Overview: Landed Costs for more information.

Choose the appropriate options:

To

Do This

Change the landed cost description or percentage

Move the cursor to the field and make changes. Click Apply to accept changes or click Cancel to abandon the changes.

Delete the landed cost code

Click Delete.

Caution
Before you delete a code, be sure it is not used anywhere in the system.

Return to the list of landed cost codes

Click OK.

If you added a code, the program prompts Landed cost cd. Enter another or press Enter in the blank field to return to the list of landed cost codes.

Exit the program

Click Exit.