The Landed Costs feature is used to track the expenses you incur when purchasing your inventory. The landed cost may include Shipping Charges, freight fees, duty fees, etc.
Estimated Landed Cost automates the calculation of landed cost estimates for each transaction line item. It extends the Landed Cost feature with the use of landed cost templates. You can set up templates with multiple cost categories and assign each category with its own allocation method. Landed cost estimates are derived from the allocation method and cost factor, which you can update as needed.
You can add landed cost templates to the following types of items where you track landed cost:
- Inventory items
- Assembly items
The landed cost templates are uploaded in 3 steps
- Landed cost template
- Landed cost template detail
- Landed cost template mapping
Make sure to uncheck the “Run Server Suite script & trigger workflows” box in the import assistant “Advanced Options”
Step 1 – Landed Cost template creation
This includes the body fields of templates. Name, Currency, and description.
Import Type – Custom records
Record Type – Landed Cost Template
Field mapping –
Step 2 – Landed Cost template Detail
These are the sublist fields of the template.
Import Type – Custom records
Record Type – Landed Cost Template Detail
Field mapping
Step 3 – Step 3 – Landed Cost Template Mapping
This is to map the Landed Cost Templated to Item records. In respective item records, check the box “Track Landed Cost”.
Import Type – Custom records
Record type – Landed Cost Template mapping
