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3rd Party Logistics

The IP1 Third-Party Logistics (3PL) allows you to reimburse clients for any sales on their behalf as well as generate 3rd Party charges based on activities performed for them. The charging is based on services provided or actual work performed thus enabling distributors to charge a realistic figure based on real activities rather than, for example, just a straight percentage of turnover. Charges are based on the following services:

  • Transactional charges – charges by order details, picking for dispatch and freight costs etc.
  • Locational based charges – storage and movement of stock in warehouse
  • AP charges – external charges that are set up for immediate invoicing e.g. printing cost
  • Royalty charges – charges for royalty contracts management
  • Stock by year charge – this charge is based on how many years of stock is in the warehouse
  • Miscellaneous charges – any additional miscellaneous charges e.g. advertising.
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Maintenance

Publisher client maintenance

Transaction group maintenance

Charge maintenance

3PL expense account entry

Charge management

Publisher client charge management

Regenerate subledger invoice

Miscellaneous charge entry

Period end processing

3PL Period End processes can be run repeatedly after Distribution End of Period before the 3PL invoices are generated. It recalculates 3PL costs and charges for period based on the latest 3PL setup and using latest location and completed transaction data for the selected period.

Transactional extraction

Month end location summary

Location extraction

Yearly stock extract

Royalty extract

Miscellaneous extract

Charge/Cost balance update

Invoice generation

3PL reports

Charge table report

Publisher client charge report