Entering Uncosted Import Lines

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Entering Uncosted Import Lines

You use the Enter Import Cost Line screen to add and maintain the items to be reconciled against a supplier invoice. You should also confirm that the cost of each item matches the cost charged on the invoice.

Technical Tip

Note that reconciling uncosted imports is only used to add or update invoice details such as the invoice amount, invoice number or to change the item costs. You cannot edit item quantities.

The lines you enter into the uncosted imports batch update the Inventory master files.

To maintain the items to be reconciled against a supplier invoice:

Load the uncosted imports batch you want to reconcile.

Refer to "Recalling an Uncosted Imports Batch".

Micronet displays the Reconcile Imports screen.

If there is more than one invoice associated with the shipment, select the supplier invoice you want to reconcile.

Refer to "Reconcile Imports - Change Invoice".

Micronet displays the item lines associated with the selected invoice.

If you want to:

add items to be reconciled, select the Add button

delete an item that doesn't need to be reconciled, select the item from the list then select the Delete button

edit the details of an item to be reconciled, double-click on the item or select the item and press the Enter key.

If you selected to add or edit items, Micronet displays the Enter Import Cost Line screen.

Complete the following fields:

	Field	Value
	Item Number	Enter the ID of the item received. You can also press Tab or Enter to select an item.
	Item Description	Micronet displays the description of the selected item.
	Warehouse	Micronet displays your default warehouse. If this field is enabled, you can select the warehouse to post this receipt of stock to.
	Ordered	Micronet displays the quantity of the item ordered.
	Received	Micronet displays the quantity of the item actually received. You cannot change this quantity. If you have received only a partial quantity of the item, you need to process another uncosted reconciliation when the remaining quantity of the item is received.
	Selected Price	Select the cost price charged for the items on the supplier invoice. If you want to enter a price manually or change the price displayed, select Nett and enter the actual price in the FOB Price field.
	FOB Price	If you selected Nett in the previous field, enter the overseas buy price for the goods.
	Tax Percentage	Micronet displays the default GST/sales tax percentage for the item as setup in the Inventory master file.
	Discount	Enter any discount you have received from the supplier on the price of the item, as a percentage.
	Duty Rate %	If duty tables are setup in your company configuration, Micronet displays the duty rate setup in the Inventory master file (refer to "File - Inventory - Purchasing"). This field must display a value if you have entered Duty (inc GST) in the Enter Duty Charges screen via the Reconcile Imports Header. Enter the duty percentage rate to calculate the charge applicable to the item if required. You can leave this field blank if you have included Duty (inc GST) in the Import Costing Charges screen via the Reconcile Imports Header.
	Duty Base	Micronet displays the price on which duty is calculated. You can change this if required.

	Price (Local$)	Micronet displays the item cost in $AUS.
	Duty	Micronet displays any duty amount added to the item cost, calculated by applying the Duty Rate to the Duty Base.
	Extra Charges	Micronet displays any additional charges added to the item cost on the Import Costing Charges screen (refer to "Reconcile Imports Header - Import Costing Charges"), and appropriated as specified in the Appropriation field on the Reconcile Imports Header (refer to "Maintaining the Reconcile Imports Header").
	GST/Sales Tax	Micronet displays any sales tax for this item.
	Loading	Micronet displays any loading added to the item cost. The loading percentage is entered in the Loading Rate field on the Reconcile Imports Header screen (refer to "Maintaining the Reconcile Imports Header"). For example, if the new landed cost was $12.00 and you had a loading of 10%, then Micronet would receipt the item at a total cost price of $12.00 + 10% = $13.20.
	Landed Cost	Micronet displays the total landed cost of the item, including all on-costs and charges such as duty and freight, appropriated by weight/volume/price.

Optionally, you can perform an item inquiry if required.

Refer to "Enter Import Cost Line - Inquiry".

When you have finished maintaining the details for the uncosted import line, select the Accept button.

Micronet saves the details of the item you have added or edited and redisplays the Enter Import Cost Line screen so you can continue adding or maintaining items to be reconciled.

When you have finished adding and maintaining items to be reconciled, select the Cancel button to close the Enter Import Cost Line screen.

Micronet redisplays the Reconcile Imports screen showing all the items to be reconciled against the currently selected invoice.