2 Tally.ERP 9 for Landed Cost Module EE Software Technologies Pvt. Ltd.#447/A, 17th G Main, 6th Block Koramangala, BangaloreTel:Next
3 Overview of Landed Cost Module Landed Cost is the total cost of a product including all the overhead expenses on arrival of goods. This list of components that are needed to determine landed costs include the original cost of the item, all brokerage and logistics fees, complete shipping costs, customs duties, tariffs, taxes, insurance, currency conversion, crating costs, and handling fees. Not all of these components are present in every shipment, but that entire are must be considered part of the landed cost. To find out the landed cost of each item from the multiple items, all the overhead expenses needs to be appropriately distributed by its quantity or value.EESTPL offers you Landed Cost Module, easing cost calculation considerably. It helps you arrive effortlessly at Landed Cost of products. As opposed to the general method of arriving at costing based on value, EESTPL Landed Cost Module allows you appropriate costing both, by the quantity of a given product or value of your choice. It functions under Purchase voucher. Please find the modus operandi of the module hereunder for your understanding.PrevNext
4 Landed Cost of the Product Structure of Landed Cost ModuleMaster CreationReport onLanded Cost of the ProductLanded Cost ModuleExpenses Payable PendingVoucher Type CreationVoucher CreationPrevNext
5 Process Flow – Landed Cost Module Purchase of Imported goodsfrom a SupplierContains Inventory related details such asItem Names, Quantity, Rate and AmountReceives a Purchase InvoiceContains Accounting related details suchSupplier Name, Purchase Ledger, Dutiesand transportation charges.Purchase invoice is saved inthe name of supplier withMultiple Supplier in Purchase Invoice such as Goods Supplier, Transport Supplier, Etc., with Bill Information'sall additional cost of Purchases& relevant expenses to its payableExpenses Payable of the Additional Cost of PurchasesView the Expenses Ledger Payable pending in the Ledger AccountLanded cost of the ProductView the Inventory Report, for the Landed cost of the ProductPrevNext
6 Primary Requirement – Landed Cost Module Category / ModuleMajor RequirementExplanationLanded Cost ModuleMaster Creation/AlterationUser should create a Group Master in which they should mention the method to allocate when used in purchase Invoice. And then appropriate Ledgers should be created under these groups.Voucher Type Creation/AlterationVoucher Type Masters are created with mentioning Use for Landed Cost (Appropriation) to Yes.Voucher CreationPurchase Invoices are created with all the Inventory Details, Accounting Details, Duties and Taxes, Expenses and relevant Expenses Payable.Expenses Payable PendingPending Payables of the Expenses or Duties and TaxesLanded Cost of the ProductView the Inventory Report for the Landed Cost rate of each item appropriately added by its value.PrevNext
7 Tally.ERP 9 Fitment – Landed Cost Module SL No.RequirementPart of Tally.ERP 9Part of Solution1Group Master CreationYes2Ledger Master Creation3Voucher Type Master Creation with option to enableLanded Cost Appropriation4Purchase Invoice with Expenses Payable5Multiple Suppliers in a Purchase Invoice6Bill Allocations of the Additional Cost Suppliers for the Invoice, So that Bills can be Paid by Bill Wise.7Pending Expenses Payable of the Purchase Invoice8Inventory Report with Landed Cost of the ProductPrevNext
8 FAQ Q. Which version/releases of Tally.ERP 9 does the add-on support? Ans. This add-on will work only with Tally.ERP 9 Series A, release 3.6 onwards.Q. How will I get support for this add-on?Ans. For any functional support requirements please do write to us on or call us at,Q. If I need some enhancement / changes to be incorporated for the add-on, whom should I contact?Please to write to us on with your additional requirements and we will revert to you in 24 hours.Q. Will new features added be available to us?Ans. We offer one year availability of all support and new features free of cost. After one year, nominal subscription cost will be applicable to you to continue to get free support and updates.Q. What will happen after one year?Ans. 20% of the then MRP will be charged for one year of support and versions (minor & major).HomeExit
Your consent to our cookies if you continue to use this website.