International Transfer Cost Inquiry (SYS 713)

This utility displays freight costs as they would be calculated on transfers that are considered international. It provides a way to quickly and easily check freight costs on international transfers before the receipt is actually entered.

  1. Access the International Transfer Cost Inquiry via option 713 on the Special System Maintenance Functions Menu.

  2. On the screen that appears, enter the company, sending warehouse, receiving warehouse, item number, and base cost.

    3. The company# is for the to warehouse (customer that is placing the order).

    If you do not enter a base Cost, the standard base cost from the cost file is used.

  3. Press Enter to calculate the freight and landed cost.

    4. In the example shown below, Company 0 (VAN) is inquiring on the international transfer cost of item TAR USA5 002 from warehouse SEA. The landed cost before the transfer is $.10.

    The landed cost of the item after the transfer will be $.130.

Accounting Considerations

  • The Inventory Summaries By G/L Acct (GL 112) is run as usual at the end of a month. The extended format of this report includes a section entitled Transfer IN/OUT.
  • For transfers, the additional freight at the destination warehouse is journaled to the GL account for additional freight in the Inventory To GL Interface file.