> For the complete documentation index, see [llms.txt](https://docs.tradeqloud.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tradeqloud.com/qloud-margin-control/using-qmc/examples/landed-costs/transaction-landed-costs.md).

# Transaction Landed Costs

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[Open the diagram in Lucidchart](https://lucid.app/documents/embedded/cd7b5b17-30f4-4b0e-a835-a6a30dbb379f)
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### Creating a Transaction i.e. Purchase Order <a href="#creating-a-transaction-i.e.-purchase-order" id="creating-a-transaction-i.e.-purchase-order"></a>

When creating a Purchase Order, the QMC application introduces additional functionality on the TradeQloud tab.

**Calculation of Landed Cost Budgets**

As transaction lines are entered, any applicable Landed Cost Budgets will be displayed on the Landed Cost Budget field group.

<div data-full-width="false"><figure><img src="/files/kZdcJ4IFOjIAxpC4CyXT" alt=""><figcaption><p>Example of Landed Costs being calculated on transaction entry</p></figcaption></figure></div>

This allows for users to see which landed costs are applicable, before the transaction is saved. Changes can be made as follows:

* Landed Costs can be excluded by checking the **Apply** check-box
* Rates / Percentages can be modified

**Landed Cost Impact**

Another field group displays the impact that the Landed Costs have on the rate, as well as the total cost

<div data-full-width="false"><figure><img src="/files/5fap96jRDffg46mGJ1Pn" alt=""><figcaption><p>Example of Landed Cost Impact Table</p></figcaption></figure></div>

* **Item, Quantity, Rate, Amount** are all sourced from the transaction
* **LC Impact** is calculated as the Total Landed Cost / Quantity
* **Landed Rate** is calculated as the Rate + LC Impact
* **Total Cost** is calculated as the Amount + Landed Cost

### TQ Transaction Landed Cost <a href="#tq-transaction-landed-cost" id="tq-transaction-landed-cost"></a>

When the transaction is saved, the application will create the **TQ Transaction Landed Cost** records (if applicable). This record represents the application of the cost from the budget record. **TQ Transaction Landed Costs** can also be added manually to transactions, or existing records can be modified

### TQ Transaction Landed Cost Allocation <a href="#tq-transaction-landed-cost-allocation" id="tq-transaction-landed-cost-allocation"></a>

The application will also create a **TQ Transaction Landed Cost Allocation** record as a child to the **TQ Transaction Landed Cost** record. The record documents the allocation of each Transaction Landed Cost to individual line items within a transaction. It provides granular details on how landed costs are apportioned across items, ensuring precise cost tracking and financial accuracy in inventory valuation.

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The Landed Cost Allocation records cannot be modified by users
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### Receiving a Purchase Order <a href="#receiving-a-purchase-order" id="receiving-a-purchase-order"></a>

When an Item Receipt is created from a Purchase Order, the application will automatically apply the Landed Cost to the Item Receipt at line-level. It uses information from the **TQ Transaction Landed Cost Allocation** record to determine the amount for each applicable Landed Cost category.

<div align="left" data-full-width="false"><figure><img src="/files/OOqleRl051LDe3r16Qk7" alt=""><figcaption></figcaption></figure></div>

This information is also summarized on the TradeQloud tab.

***

## Need Assistance?

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If you continue to experience issues after following this guide, we recommend reaching out for further assistance.

Please contact us at <support@tradeqloud.com> with a detailed description of the problem. Our dedicated support team is committed to helping you resolve any challenges you may encounter.
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