Managing product costs accurately is essential for every business. Supplier prices alone do not reflect the true cost of your inventory, especially when additional expenses such as shipping, tax, insurance, and handling fees are involved. This is where Landed Cost becomes important.
By applying Landed Cost in your Purchase Orders, you can allocate extra charges into each item’s actual unit expense. This helps ensure your inventory valuation is accurate and gives you better visibility into the real cost of every product you purchase.
In this guide, you will learn how to use Landed Cost in Purchase Orders step by step, so you can improve cost tracking, make smarter pricing decisions, and protect your profit margins.
I. Add Expense Option
Step
