Set up Landed Cost in QuickBooks Enterprise

Want to setup landed cost in QuickBooks enterprise? Well, landed cost basically helps in tracking the product costs accurately. One can use the landed cost feature to simply factor in things such as shipping, customs duties, insurance, and other miscellaneous items. And after you are able to set up the landed cost, you can simply see it for any sort of bill that you add inventory and shipping items to. To find out the steps to set up landed cost in QuickBooks enterprise, make sure to stick around the segment till the end.

Steps for setting up landed cost in QuickBooks Enterprise

In order to simply set up the landed cost, you will have to turn on the advanced inventory for QuickBooks desktop enterprise. Here is how you can create a new account or use an existing account to map shipping and handling items.

• The first step is to open the edit menu and choose preferences.

• Now, go for the items and inventory and then go for company preferences.

• Go for the advanced inventory settings.

• After this choose landed cost tab, and further choose setup landed cost account or manage landed cost account.

• The last step is to create new or use an existing other current assets/ cost of goods sold account and further choose save and continue tab.

Mapping the Shipping and Handling items to the landed cost account

You can go for the existing shipping and handling items and further add new items such as shipping, customs, labour, etc.

• The first step is to choose the shipping and handling items dropdown.

• Also, in order to create new shipping and handling items, you need to proceed to the next solution.

• After that, opt for shipping and handling items to map.

• And lastly, make sure to choose the save and close tabs.

Conclusion

Towards the end of this segment, we expect you to be able to set up the landed cost in QuickBooks enterprise. In case you are left with some queries, then simply try contacting our technical support team at +1-888-510-9198, and let them help you with the issue. Our certified ProAdvisors will ensure to provide you with immediate support and guidance.