Landed Cost Validator Implementation Questionnaire

Landed Cost Validator Implementation Questionnaire
The goal of this document is to facilitate the implementation of the Landed Cost Validator app by the implementation teams. A series of questions highlights general use cases and the setup fields that must be configured for each. Setup questions are categorized in the following topics/areas:
- Generating Charge Items; includes questions related to how Landed Costs are generated and calculated
- Adding Charge Items to Invoices: includes questions related to the way in which landed costs are added to invoices
Example:

1. Is this landed cost vendor specific?

a. For example, a landed cost “Freight Service” could be added to “Item 1” in a PO where the vendor providing the goods is “Vendor A;” however, “Vendor Z” needs to be invoiced for the “Freight Service” that they provided. The landed cost “Freight Service” is vendor specific as it is only provided by “Vendor Z”.

Remember to complete the application Onboarding Wizard. This wizard is designed to avoid common issues caused by missing permissions or due to missing registration details.

Overview

The term “landed cost” refers to the total cost of getting a product from its origin (typically overseas) to its final destination. It includes the cost of purchasing the product plus any additional expenses incurred during the importation and shipping process. These additional costs are usually referred to as “Charge Items’.

Adding Charge Items to Invoices (10 – 14):
10. Do landed costs must be automatically adjusted upon being added to an invoice? Would you like to analyze the variance between accrued vs actual landed costs?*

YesNo
11. How do these (Q10) automatic adjustments must be identified? Is there a specific reason code or description that must be used?*
12. When a charge item already exists on an invoice to which a cost accrual (generated by the application) will be added, and if the existing charge has not been assigned to a receipt, should it be automatically assigned to the same receipt that accrued the landed cost?*

YesNo
13. Will you be registering a high volume of transactions in different currencies? And if so, do you need to automatically filter transactions by currency when these are being processed?*

YesNo
14. What is the date that must be used for the General Ledger entry posted for the accrual reversal? You may either use the date when the cost was accrued or the date when the invoice with the cost accrual was posted. *

Original Accrual DateInvoice Posting Date
Should be Empty: