Manage Allocation Charges - A summary of the activity

This activity provides the ability to enable review and allocation of Freight Cost at a CO level. Organizations dealing with Inventory management operations perform numerous shipping transactions both outbound and inbound during a financial period/year. These organizations would normally have a freight forwarder(s) who perform all these shipping activities. The freight forwarder will send a consolidated invoice at the end of a period for all the transactions done during that period. Such Delivery Charges are recorded separately through Delivery Charge Invoice and cost is booked to Freight Cost. The requirement is to allocate such Delivery Charges to the Customer Order, if it is incurred with respect to a Customer Order or amend to the Asset Cost in case the part is capitalized in the system.

Delivery Charges Invoice allocation is introduced at each Part #, Serial #/Mfr. Lot # level from shipping Note or Advance Shipping Note for the corresponding Customer Order to bill back the same from the customer according to the INCO Terms.

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