Creating Cost Records

This section describes how to create cost records.

Before you begin: Ensure that you are in the Product Cost Record Powerview page. See Product Sourcing Powerview.

  1. From the Cost Record tab Actions menu, click Create Cost Records.

    The Create Cost Record form opens.

  2. Specify the following:

    Field Name How to Enter
    Supplier Select a supplier plant location, from the drop-down list.
    Departing from Country select a country or Same as Supplier Location, from the drop-down list.
    Currency select the currency in which the costs are being recorded, from the drop-down list.
    Cost Formula Select a cost formula that is not a system formula such as CMT, FOB, LDP, from the drop-down list.
    Tariff Code Click and select a tariff code to use to calculate the duty %.
    Freight Code Click and select the freight code to use to calculate the local and international freight costs.
    Commission (%) A commission that will be used to calculate the agent fees.
    Factory Overhead Additional factory overhead costs.
    Sewing/Contractor Cost Sewing/Contractor cost.
    Misc Cost Additional miscellaneous costs.
    Comments Comments regarding the costs.

  3. Click Done.

    Note: You can create only one product cost object for every unique combination of selected channel, supplier, and colorways.