Landed Costs

Landed Costs capture extra costs required to bring purchased goods into stock, such as shipping, duty, handling, inspection, insurance, or other import costs.

Creating a Landed Cost

1. Open a goods receipt.
2. Click Add Landed Cost.
3. Enter a description.
4. Add cost items and amounts. Current cost types are Customs Duty, Import VAT, Shipping / Freight, Insurance, Clearing Agent Fee, Inspection (GSA/FDA), ICUMS Fee, and Other.
5. Choose allocation method:
   • By Value - proportional to receipt line value.
   • By Quantity - proportional to quantity received.
   • Equal - split evenly across receipt lines.
6. Save the landed cost batch.

Applying Landed Costs

Review the allocation preview before applying. Once applied, the landed cost updates the effective received cost and supports more accurate inventory valuation. Applied landed costs should be treated as locked operational history.