Shipping Containers Cost

Overview

Sellercloud streamlines the receiving process for a higher volume of Purchase Orders by consolidating them into Shipping Containers. Sellercloud’s Containers Cost feature allows you to enter different cost on container level, to easily reflect them in the Products Average Cost.


Container Costs

Container shipment costs, duties, tariffs, and other costs associated with your purchase orders can now be calculated into your items’ average cost, to correctly track your expenses.

You must enable Advanced Client Settings Enable Shipping Containers For PO and Use PO Adjusted Price for Container Unit Cost for this workflow. You must also select a method of cost distribution in Container Cost Adjustment Type – either Equally Per Unit, Weight Ratio, or CBM Ratio.

Container Cost Adjustment Types

Choose the Container Cost Adjustment Type, to define how to distribute the Shipping Container Cost:

  • Equally Per Unit – The costs will be divided equally among the units.
  • Weight Ratio – The cost will be distributed in proportion to the items’ weights, and then divided per unit based on that. All items in the container must have their weight entered.
  • CBM Ratio – The cost will be distributed in proportion to the items’ cubic meters, and then divided per unit based on that. All items in the container must have their CBM fields populated. Default values can be configured on the items’ Purchasing page.

Add Cost Information to the Container

Enter your Shipping Cost in the Cost Info section, to add cost information to a container. Other costs and fees related to the container (e.g Harbor Maintenance Fee) that also need to be divided can be entered as Cost Based Fees. These costs will be divided among each item based on the Cost Adjustment Type you chose. The Total CBM In Container and Duties & Tariffs are populated based on the values entered on your products (Purchasing > Import Information), but you can also add and edit them in the container grid.

To add Cost Information:

  1. Navigate to Purchasing > Shipping Containers.
  2. Select the appropriate Container.
  3. In the upper right, click Edit.
  4. Fill in your desired values in the Shipping Cost and Cost Based Fees fields. If required, you can also adjust the Unit CBM, Duties % and Tariffs % in the Items panel.
  5. Save.

In the container grid, you can see your Shipping and other costs broken down, and the total amount will be displayed in the Extra Costs column.

Apply Costs to Products

Once you receive a container and all of the costs have been filled out, you can apply the cost adjustment to your products. The adjustment amount will be the Extra Costs divided between all units currently in stock and factored in towards the average cost of the products. To do that:

  1. Navigate to Purchasing > Shipping Containers.
  2. Select the appropriate Container.
  3. Go to the Actions Menu.
  4. Select Apply Extra Costs to Items.

To update Shipping Costs after an adjustment has already been applied, edit the cost value fields to reflect the changes and use the Apply Extra Costs to Items Action again. This will update the existing average cost movement with the new values.

Was this article helpful?

Need Support?
Can't find the answer you're looking for?
Contact Support