For a full description of the Landed Cost Module benefits, read this article (by David Simmonds)...
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BigIdeas Pty Ltd is an Australian company selling imported goods purchased from China
Purchases from Chinese suppliers are contracted in $USD
There are 2 suppliers Woo Sun & Woo Dragon
An identical set of products is purchased from each supplier - jeans, tshirts and shoes
A shipping agent Golden Sun Shipping (with Australian Business) packs all Chinese orders into a container and ships every month to Australia (Amounts are invoice in $AUD)
Each order delivered is assessed for GST
Freight, Insurance, storage and quarantine fees are payable on each shipment and are apportioned on a cost basis to stock
FX Rates are:
Month USD Rate September 0.812 October 0.784 November 0.756
Process