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Microsoft Dynamics GP (Archived)

New tariffs on components from China

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Posted on by 5,080

Hi there

we are an electronics manufacturer and we buy components from Vendors who source from China...and with the US Administration of slapping tariffs on all components from China 

sometimes components come from China...sometimes they come from Taiwan or Hong Kong (not included under Section 301 Tariffs)

So the question is ...without knowing country of origin (for the same part) how do we add the additional tariff on the components standard cost??

Just to put things in perspective we have 10,000 active components and probably 50,000 active BOMs

Components are lot tracked.

Vendors are suggesting a non inventory line on the PO ...posted to a specific account...but this does not apply it to the components standard cost??

all suggestions welcomed.

Tami

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