What It Does
Capabilities & Features
The Prolecto Landed Cost Header Applications represent a series of possible landed cost models. This bundle starts with simplified landed costs. Buyers link freight Purchase Orders to one or more product Purchase Orders. Landed costs are automatically apportioned to item receipts based on the pro-rata dollar value of the item receipt. Supports planned and actual landed cost scenarios against templates and other structures. Assists with accruals for landed cost service ahead of vendor bills.
Why It Matters
Business Value
For organizations that wish to properly burden inventory so that better margin reporting and cost of goods sold is reported. Helps organizations better plan for logistics costs. The tool is offered without transaction or recurring license charges.