MYOB Exo Enterprise For Import / Landed Cost


 

I Need To ... Manage Landed / Import Cost


Do you know the true costs of your imported goods? Or are you driving blind hoping that the profit margins you are expecting on a deal are the ones that will end up in your pocket?

The advantage of a global community is that you can source goods from almost anywhere in the world. And often these goods are incredibly cheap. But just because you’ve found a lower price for a product doesn’t mean it’s less expensive once you’ve paid to import it into your own country. In addition to the price of a product, you must factor in transportation costs, customs, fumigation costs, insurance charges, taxes and duties.

Contact Microsharp team today for an obligation free discussion about your requirements and how Microsharp can help you.


Profitability is at Risk


Put bluntly – if you don’t know your true profitability, there is a risk that you will sell your goods at a loss or with minimal profit.

This isn’t the sort of information you want to be putting into a spreadsheet. It’s simply too complex and doing this sort of data entry runs the risk of error. And then, of course, there’s the time these sorts of spreadsheets take to complete.

Contact Microsharp team today for an obligation free discussion about your requirements and how Microsharp can help you.


Calculate the hidden costs


MYOB EXO Finance helps you determine an accurate estimate of the landed cost of your products by calculating the often hidden costs that need to be paid before the goods can be delivered to their destination.

MYOB EXO Finance allows you to capture actual shipping, handling, and import fees (landed costs) and easily roll them into the total cost of goods. You will be able to accurately calculate your inventory valuation by including additional charges beyond item purchase costs, such as miscellaneous origin and destination fees.

Contact Microsharp team today for an obligation free discussion about your requirements and how Microsharp can help you.

The benefits are clear – MYOB EXO Finance ensures you have the correct cost and profit analyses by accounting for all the costs incurred in the delivery of inventory to the warehouse door, whether the costs are known at receipt or sometime thereafter. The program is able to effectively record and account for the landed costs associated with goods acquired from international suppliers using multiple currencies.


The benefits are clear


MYOB EXO Finance allows you to spread the costs of duty, local and domestic freights and customs inspections – all based on value, duty, weight and quantity.

At the touch of a button, you will know the true cost of an item as well as the true profitability when you come to sell it. There will be no hidden or missed, costs.

MYOB EXO Finance is designed to help you avoid unprofitable deals and to ensure you improve your profit margins.

How MYOB EXO Finance ensures you keep track of ALL the costs of landed goods:

  • Manages the charges that occur after purchase.
  • Manages profitability by amalgamating the actual shipping, handling, and import fees into the total cost of goods.
  • Streamlines the processes used to correctly update inventory values for costs incurred after goods are received.
  • Automatically updates inventory values and financial ledgers.
  • Converts and records landed costs incurred from international suppliers with automatic conversion to your base currency.
  • Accurately shows the true costs of used and tracked inventory goods to reflect the correct profitability of your project.
  • Allocates landed costs to inventory items based on quantity, cost, or weight.
  • Records landed costs subsequent to the receipt of goods.

Contact Microsharp team today for an obligation free discussion about your requirements and how Microsharp can help you.


More Microsharp Customised Add-on Solutions

Inventory Control, Warehouse Management & Supply Chain Solutions


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Testimonials

  • Basically we’d just outgrown Premier. Because of Premier and EXO’s shared parent company, we knew we’d be able to integrate legacy and new data easily. And that was a big plus for us.

    Leonie Norris, CFO - Machinery
  • Microsharp understood our needs to incorporate business processes into the system with their first-class knowledge of the product, rather than just transfer data to a database.

    Julia Devlin, Accountant - IT
  • For the moment, we’re running the two branches and it’s great to be able to share data across them. But if we decide to open a third or fourth in the future, we know that EXO can cope with that, and grow as we do.

    Graham Smith, MD - Engineering
  • Knowing we can easily have a report written if it doesn’t already exist really is a comfort. In fact, it’s that extra functionality that makes MYOB our preferred choice of software.

    Ronda Smart, Finance Manager
  • Microsharp has been a great partner throughout the implementation process and provided highly capable consultants with a depth of experience and knowledge that was invaluable

    Mark Spiros, GM - Auto Parts
  • The net result is a business that’s getting maximum benefit from a well thought-through and implemented business management system – and a clear view of the critical processes that drive its success.

    Audrey Kapalas, GM - Wholesaler
    

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Microsharp is committed to providing the most cost effective and outstanding services to all clients.

Microsharp has made significant investments into staff skills, processes and methodologies to ensure that the projects are as risk free as possible and deliver the most value to your business.

Contact Microsharp team today for an obligation free discussion about your requirements and how Microsharp can help you.

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