The Product: JIWA Landed Costs / Import Costs

JIWA Landed / Import Cost streamlines the management of goods' shipments and efficiently and accurately calculates the actual costs associated with general purchasing and importing.

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  • Consolidated shipments - JIWA Landed Cost is shipment-based and caters for a variety of workflows; from a simple one-purchase order/one-supplier scenario through to the consolidation of many purchase orders from multiple suppliers in the one shipment
  • Actual costs - JIWA Landed Cost enables actual costs to be added to the inventory value at the time of receiving goods from your supplier whilst leaving the shipment open. Furthermore, it enables additions and other changes to costs to be made in the system even after your goods have been shipped out to your customers
  • A range of cost allocation methods are used as standard such as allocation by: cost; quantity; weight; cubic size; or your own methods may be implemented
  • Matching suppliers' invoices - supplier invoicing from goods' shipments is a one-step process with JIWA landed cost. All landed costs can be added to a shipment before it is invoiced. Invoices can then be approved at the shipment's form, which completes the shipment and invoicing process. There is no need for separate processing
  • Unpacking containers - whilst unloading containers, goods may be received into stock so that goods may be sent as quickly as possible to customers. Each shipment can be split into many receipts of goods, allowing you to cross dock goods, part receive and ship out, without having to completely unpack prior to shipping goods to your customers
  • Record shipment details - you can track the full shipment lifecycle. Departure date, arrival date, receival date, waybill, vessel and container information are all recorded, and can be viewed on the one screen
  • Value of Taxable Imports - timing differences and exchange rate variations create a value of imported goods upon which GST, duty and charges are calculated, which differs from the valuation that you may use several days or weeks later. This impacts the Value of Taxable Imports (VOTI) and the amount of GST you are deemed to have paid or need to pay at import. JIWA has created a special VOTI workflow to assist in handling these variations. JIWA allows the correct GST and purchase figures to be entered for the Business Activity Statement (BAS) at the time of entering the Landed Cost Shipment.
  • Full Audit Trail - all transactions created in Landed Cost for each shipment are recorded and are accessible at any time in the future.