Dynamically Calculate Customs Duties
In FACTON EPC CM, customs duties can be calculated for purchased parts and sub-projects. Basis for this calculation is the customs value and the customs tariff (ad valorem duty). The customs tariff is administered according to the customs tariff number, the origin country and receiving country, and the temporal validities. The customs value is defined in the costing scheme and is calculated dynamically over the production period.
Use cases
- Dynamical calculation of customs duties over production period
- Recalculation of customs duties when changing location or supplier
- Calculation of customs duties across multi-level project structures
- Central specification of customs tariffs with temporal validity
- Unified configuration of country groups and customs tariff numbers
Supported Default Functions
- Batch Data Administration
- Display and modify customs tariff number
- Display and modify country group
- Database synchronization for changes of location, supplier or purchased part
- Display of custom tariff number, custom rates and country group in the List Style
- Calculation in offline mode
- Information of customs duties available in Web Reporting