Free on Board
The Free on Board (FRBD) table allows you to set up a pick list of Free on Board (FOB) options that can be selected on various procurement transactions. Changes can be made online; however, the VLS must be bounced in order for the changes to take effect. Contact a system administrator to bounce the VLS.
The following options for Free on Board that come pre-loaded with CGI Advantage are:
FOB Shipping Point, Freight AllowedFOB Shipping Point, Freight Allowed
Seller - Liable for and pays freight charges.
Buyer - Liable for goods in transit.
Seller pays freight and charges buyer. Freight line on Purchase Order transaction. Freight line on Invoice transaction.
FOB Shipping Point, Freight CollectFOB Shipping Point, Freight Collect
Seller - No liability.
Buyer - Liable for and pays freight charges. Also liable for goods in transit.
Buyer pays carrier directly. No freight line on Purchase Order or Invoice transactions.
Seller - Pays freight charges.
Buyer - Liable for freight charges and goods in transit.
Seller pays freight and charges buyer. Freight line on Purchase Order transaction. Freight line on Invoice transaction.
FOB Destination, Freight CollectFOB Destination, Freight Collect
Seller - Liable for goods in transit.
Buyer - Liable for and pays freight charges.
Buyer pays carrier directly. No freight line on Purchase Order or Invoice transactions.
FOB Destination, Freight PrepaidFOB Destination, Freight Prepaid
Seller - Liable for and pays freight charges. Also liable for goods in transit.
Buyer - No liability.
Freight is built into unit cost. No freight line on Purchase Order or Invoice transaction OR
Freight is known at time of Purchase Order issuance.
FOB Destination, Freight Collect and AllowedFOB Destination, Freight Collect and Allowed
Seller - Liable for freight charges and goods in transit.
Buyer - Pays freight charges, but charges the cost back to the seller.
Buyer pays carrier directly, then bills vendor separately. No freight line on Purchase Order or Invoice transactions.
