P/O Duty Rates (PO09_POD)

The P/O Duty Rates (ibis_pod) table allows you to define the duty codes. The associated duty rate details are assigned to the duty rate codes in the P/O Duty Rate Details (ibis_podd) table.

  • Every product is assigned a duty code on the Pricing Info folder of the P/O Purchasing Information (ibis_popi.po13) view. As products are received, the supplier's currency code and the product's duty rate code combine to extract the associated duty rate to be used to calculate the actual landed (latest) cost of the product received. The duty rate is also used to calculate a product's Replacement cost.

  • If a duty rate changes, the code assigned to that duty rate is recalled in this program and the new rate entered. All purchasing info records assigned that code will automatically reflect the new rate when the next receipt is processed.

  • Whenever duty rate tables are modified, you should run the Recalculate Landed Cost (ibis_po17) program in order to reflect the new rates in the replacement cost of applicable products. The replacement cost represents the anticipated cost of a product if you received it today based on the current landing factors. The replacement cost can be very different from a product's purchase price, average cost or latest cost. For more information on calculating the replacement and landed costs, click here.

  • For domestic purchases, i.e. purchases for which no duty is applicable, you must set up a duty rate code with the duty rate equal to zero for your country. For example, if you are based in Canada, the duty code must have a duty rate of 0.00 for Canada's country code. When this duty code is assigned to Canadian purchasing info records in P/O Purchasing Information (ibis_popi.po13), the duty value is calculated to be zero.

The following list defines every field available in the P/O duty rates (pod) table in alphabetical order:

  • Classification Number - the Harmonized code that describes the type of product agreed to by GATT (General Agreement on Tariff and Trade). This number is either supplied by the Broker or is determined through an understanding of Importing rules and regulations followed by GATT.

    • This field is 10-digits in length. The field contains a 'mask': ####.##.##.## meaning that you can the 10-digit number without the decimals and the formatting is done automatically by the program. The Classification No. or the Harmonized code prints on the Print Invoice Recap (PO62) report.

  • Company - the company field is available when you create a new PO duty rate code record. The company defaults to the company assigned to your user id in the Session Parameters view. You can change the default company during the duty rate code creation process only. Once the record is created, the company to which the record is associated displays in the General section (at the top of the view).

  • Created By - displays the name of the user who created the record you are viewing or maintaining. May not be overridden.

  • Created On - displays the date on which the record that you are creating or maintaining was created. May not be overridden. May also represent the creation date of the records you are attempting to retrieve.

  • Description - a description of the classification number. The description can be a maximum of 30 alpha-numeric characters in length. The description prints on the P/O invoice recap print (ibis_po62) report.

  • Duty Rate - the duty rate code. The duty rate code can be a maximum of 4 alpha-numeric characters in length.

  • Modification Counter - this field is not maintainable. The date and time the record was last modified.

  • Modified By - this field is not maintainable. The user or system process that last modified the record.

  • Modified On - this field is not maintainable. The date on which the record was last modified.

  • Nested Duty Rates - displays the duty rate details embedded view for the current duty rate. Allows you to add, modify or delete duty rate details for the current duty rate. The P/O Duty Rate Details (ibis_podd) table is automatically updated.

For the functionality of each action (i.e. button) available on this view, refer to the About the Actions topic.