Landing Costs: Accounting

The cost of obtaining Inventory includes more than just the purchase price of the Items. Landing Costs include all of the charges that are associated with getting items into a warehouse and available for use or sale, including purchase price, freight, insurance, duty and handling charges. This topic discusses how to handle all of the landed costs.

The Landing Costs typically need to be transferred from the Transaction that records the costs (typically a Supplier Invoice) to the Transaction that lists the items that were purchased and updates Inventory (typically a Goods Received Transaction).

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