Workarround for landed costing using standard modu

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macromedia
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Location: Indonesia
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Workarround for landed costing using standard modu

Post by macromedia »

Hi all...
any one have experience to enter landed cost?
especially for Import company, that really need landed cost component information to calculate their COGS.

either using LCM or form customization on 12.1 is not an option for us.. :-(

thank you
tgs100
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Location: USA
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Post by tgs100 »

What is the apps version?

If you are on R12.1, landed cost is part of the standard product. If you are having less than R12.1 version, then it is tough to handle landed cost without external software.

In my opinion, you should calculate the landed cost for each import item in an excel sheet and then update the cost manually at the month end.

Cheers,
Saravanan TG
macromedia
Posts: 15
Joined: Mon Nov 26, 2007 8:49 am
Location: Indonesia
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Post by macromedia »

Saravanan..
thank you..
indeed we will use the latest 12.1.
but on the contrary user will not purchase LCM (Landed Cost Management), since it is too early to expect from LCM :-)

thank you for giving your opinion, noted and consider :-)
SIVAKUMAR_G
Posts: 194
Joined: Tue May 15, 2007 7:45 am
Location: United Arab Emirates

Post by SIVAKUMAR_G »

Hi

We have built a Custom Extension and it is used widely in Middle East Countries for 30 companies. But it will work only for average costing method and not for standard costing.

Please contact me if you are interested

Regards
macromedia
Posts: 15
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Location: Indonesia
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Post by macromedia »

Hi Siva..
what kind of extension do you have?
can you elaborate more?
thank you..
SIVAKUMAR_G
Posts: 194
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Location: United Arab Emirates

Post by SIVAKUMAR_G »

Hi

The functionality is you can enter additional cost alongwith PO and costing will get updated with revised cost based on Freight, Tax etc., are calculated and inventory issues will happen on revised costs.

We have done only a soft customization and without touching the base tables. So any Patch application and other changes will not affect the functionality

You can send your contact details to my mail ID sivakumar3009]@[gmail.com

I will respond to it.

Regards
Sivakumar
macromedia
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Post by macromedia »

Siva..
great thank from me..
already follow up our conversation through email.
thank you..
tgs100
Posts: 624
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Post by tgs100 »

If you are already using R12.1, then i would suggest you to use landed cost functionality in R12.1 as the functionality is rich in standard (I have only read the documents, not used so far).

I have used the in-house developed landed cost module, but in that module, the costs need to entered at the time of receipt which was the major concern for many clients. In the standard one, you can enter the approximate costs in the PO/Receipt and then actuals later.

You can compare the products and costs between oracle LCM and other 3rd party vendors and then you may decide on which one to choose.

Cheers,
Saravanan
edmattu
Posts: 44
Joined: Mon May 26, 2008 9:40 am
Location: India

Post by edmattu »

Hi All,

Presently LCM supporting only Discrete Organization .

It will Support OPM organization on R12.1.2 version.
(using Advance pricing and Transportation OPM can handle Landed cost, as per oracle)

There are some reported problems in the LCM (in terms of currency coversion rate, etc. issues).

But overall the product is Very good.

Regards
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