In landed cost module, system needs to post the invoice to create "Goods in transit orders", this step reflects the point in the journey where risk transfers from seller to buyer in international and domestic contracts for the delivery of goods.
Usually, in business there is a gap between the moment the responsibility of goods is transferred (depending on incoterm it will be transferred sooner or later) and when the invoice is received and processed by buyer. This period of time can be of weeks.
In addition, the department within a company responsible for this step will be the logistics one, not financial/AP, meaning logistics/procurement department will receive notification from supplier that responsibility of goods is on buyer's side, while financial dpt will be in charge of processing invoice once is received, as specified before can be weeks later.
Therefore the idea is to trigger "Goods in transit orders" without having to post invoice, this way logistics/procurement dpt will be able to reflect in system risk transfer with suppliers notification, while financial dpt will process invoices when received/needed.
Comments
Two thumbs up on this. As mentioned above -- there is a Logistics workstream to voyages and a financial workstream to voyages, and although tying the GIT transaction directly to invoicing does make some sense, in real world, the AP team who would invoice the PO doesn't necessarily operate on the same timeline as the Logistics team.
Category: Transportation Management
This is so needed!
Category: Transportation Management
Please please!!!
Category: Transportation Management
This will be a game changer! Please implement!
Category: Transportation Management
I think the requirement is understandable from the business process perspective for a lots of customers, and it is quite complex as well, it requires a lots of personalization on a few modules. For this reasons, it would be desirable to MS create an official solution for these cases, and not let the partners to invent different solutions any time when it comes back in a project.
Category: Transportation Management
We have done a project where this was the case. The shipment from supplier was what we used to create the GIT
Category: Transportation Management
Administrator
Thank you for your feedback. Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.
Sincerely,
Roger Sa
PM, Microsoft