| # To calculate additional charges for customs This functionality is specific for India. You can maintain additional charges like Insurance, Freight and Other Charges for each purchase order based on the terms of the delivery in the Purchase Order Additional Charges (Import) (tdpur9137m00l) session. You can select Charge Code for each additional charge from the Maintain Additional Charges (tdpur9136m00l) session. The Charge Type and Calculation Method are also defaulted. In the Purchase Order Additional Charges (Import) (tdpur9137m00l) session, on the specific menu, click Apportion, Infor ERP LN calculates the following: The additional charges. These charges are displayed in the Display Purchase Order Line Additional Charges (tdpur9138m00l) session. The Assessable Value for Imports, Cost, Insurance and Freight and Estimated Landed Cost. These values are populated in the purchase order line. Methods of calculating Additional costs Additional costs such as Insurance, Freight and Other Charges must be entered in the Purchase Order Additional Charges (Import) (tdpur9137m00l) session. They are calculated based on the following methods: Prorate The calculation for each Additional Charge is as follows: Additional Charge amount per order line = (Order Line amount / Purchase Order Amount) * Charge amount By Weight / By Volume Freight amount per order line= (Purchase order Amount / Order line amount) * Charge Amount. Note: Internationally, freight charges are specified by weight or by volume. % Value You can calculate additional charge amount per order line by the percentage defined in the Additional Charge. Additional Charge amount per Order line = Percentage * Purchase order line amount Note All the amounts must be calculated in home currency. However, you can maintain the charges in the Currency specified by the Vendor. |