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Volume 11 Issue 6 - December 2002
Out of the Maze
A Publication of Minotaur Software Ltd.
 
Minotaur's Trip to Comdex
The trip started with an early arrival at the airport (some earlier than others). Our destination was Las Vegas, where Comdex is annually held. We made our way to Comdex, soon after our check-in at The Luxor and were somewhat disappointed as the show was not as grand as it had been in the past. From what I was told, in the past years Comdex was a massive event that was a show with a lot of glitter and good times. This years show was definitely opposite. I was hoping to do some research on companies that were competitors of ours to get a feel for what they had to offer, but I did not see any companies that offered services such as ours. The booths were nothing special. There seemed to be little or no creativity.

Don't get me wrong, there were some interesting companies out their such as 'ubig' a company that manufacturers and distributes high quality digital products (they had these neat little digital voice recorders). TechSmith is another interesting company that we came across. They have a product called "Snag It". You may have used it before, Snag It allows you to capture anything on your computer screen. There were endless companies there, offering you the latest and greatest technological products, but as I mentioned before, none of our competitors were at the show.

As for Las Vegas as a city, what a great place to visit...if you have money to lose. We had beautiful weather and we did lots of walking. The hotels are amazing and definitely a sight to see. If you've never been to Las Vegas, it surely is worth the trip, but make sure you bring lots of money for both gambling and shopping!
Viva Las Vegas!
Landing Factors - by Victor Boersma
The Minotaur System uses the Inventory Bills option (usually keystrokes VVBN) to receive purchase orders and set up the inventory value of received product. Most Minotaur users have the Inventory Bills option set up an interim liability for the received product until such time as the supplier bill arrives, at which time the interim liability can be turned into a payable.
While this mechanism functions well to capture the cost of product from suppliers, it has traditionally been somewhat limited in its ability to capture extra costs such as freight, duty and handling charges which might also be associated with the receipt of the product.
Victor Boersma
The traditional system provides only a single "Shipping, Etc:" field on the inventory bill header screen to allow you to capture the variety of such costs which might occur. The distribution of those costs is fixed so that it is performed in a consistent manner whenever such extra costs are identified. Finally, there is no option to set up these extra costs as independent interim bills that could be reconciled to bills from vendors that supply the services that generate these extra costs.

Minotaur has recently added a Landing Factor module which completely revamps our handling of extra costs.

The module allows the user to specify an unlimited number of extra costs to be applied on an inventory bill. These extra costs can be calculated based on a fixed amount, a rate per unit of related product purchased, a rate per weight unit (i.e. rate per kilogram if that is the standard weight unit) of related product purchased, or a rate per dollar value of related product purchased.
 
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