Recurring Costs
Recurring Costs table is used make the necessary setups for Landed Costs to be automatically calculated on sales and purchase documents.
To define Recurring Costs, search for “Recurring Costs” on Search bar and open the related page:
Click on “New” and fill the following fields:
| Field | Description |
|---|---|
| Code | Specifies the Code for the Recurring Cost. |
| Scope | Specifies the scope of the Recurring Cost. Options are: Document or Line. If Document, the Recurring cost will be applied to the whole document If Line, the Recurring Cost will be applied to a specific line. |
| Source | Specifies the Source of the Recurring Cost. Options are Customer or Vendor. If Customer, the Recurring Cost will be applied to Sales Documents. If Vendor, the Recurring Cost will be applied to Purchase Documents. |
| Source Filter | Fill this field of it’s intended to filter the Recurring Cost to a specific Customer/Vendor or a specific group of Customer/Vendors. It’s possible to filter for any field on Customer/Vendor card. |
| Item Filter | Fill this field if it’s intended to filter the Recurring Cost to a specific Item/group of Items. It’s possible to filter for any field on Item card. |
| Landed Cost Vendor No. | Specifies the value of the Landed Cost Vendor No. |
| Landed Cost Vendor Name | Specifies the value of the Landed Cost Vendor Name. |
| Tariff Code | Specifies the Tariff Code associated with the Recurring Costs. It’s possible to choose between the Tariff Codes that are active and match the Currency Code of the Landed Cost Vendor No. Example: Landed Cost Vendor is set up with Currency Code = USD. Only Tariff Codes with Currency Code = USD can be selected. |
| Item Charge No. | Automatically filled with the Item Charge associated to the Tariff Code. |
| Document Type | Select the documents that this Recurring Cost will be applied to. Depending on the Source, Purchase Documents (if Source=Vendor) or Sales Documents (if Source=Customer) will be available to be selected. |
| Default Assignment Method | Specifies the item charge assignment method that is applicable for the related Landed Costs. Options are: Equally, By Amount, By Weight or By Volume. This assignment will be created upon document release. |
It’s possible to edit/delete these Recurring Costs. However, if the Recurring Cost that it’s being modified/deleted is already applied to a document, the changes won’t affect the existing documents.
In these cases, a message pops-up:
- when modifying the Recurring Cost:
- when deleting the Recurring Cost:
It’s also possible to open Recurring Costs page through Customer Page or Vendor Page.
Recurring Costs will be filtered for the specific entity from where they’re opened.
For example, opening Recurring Cost from Vendor Card:
-
Open the Vendor Card and click on Vendor –> Recurring Costs:
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Recurring Costs open, filtered for Vendor:
