Manufacturers must be set up with a currency type and landing factor to use OASIS importing features. The landing factor allows agents who import fixtures from another country into their own to calculate an estimate of what the actual cost of a fixture is once it is purchased in the manufacturer’s currency and all costs associated with the import of that fixture are factored in (duty, etc). The landing factor is also required to enable the OASIS import logic. Use this feature to set up manufacturers for Canadian clients, as well as other clients outside the US.
Generic: Landed = (Cost in factory denomination) * (Landing Factor) / (Exchange Rate).
Note: this document is correct for Projects 2 and Quotes 2. However, the "Base" column is not used for the landed cost in the Version 2 systems. Instead, a new "Landed" column shows the cost after import (fees, exchange, etc) and the difference between sell and the new landed column is profit. Landed will also not pull in from an existing price list.
1. Navigate to the Manufacturers page.
2. Create a new manufacturer, or open an existing manufacturer.
3. Select the "Terms" tab.
4. Select the "Order Terms" tab.
5. In the "Importing" section, select the needed currency type from the drop-down list.
6. Enter your landing factor.
7. Select "Save and Close."