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September 1, 2024
Question

How to add landing cost to product, for example the product bill is 1000 and the landing expenses are 200 so the total cost should be 1200, how to record this?

  • September 1, 2024
  • 1 reply
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1 reply

September 1, 2024

I can walk you through as you record your landing cost here in QuickBooks Online (QBO), Mahmoud.

 

Handling the landed costs is currently unavailable in QBO. However, we can create an expense account for your landing expenses and an inventory item for your product bill. Afterward, we can proceed to make a bill. Kindly follow these steps:

 

Step 1: Create an Expense account

 

  1. Go to the Gear icon, then choose Chart of Accounts.
  2. Click New.
  3. Fill out the Account name field.
  4. From the Account type dropdown, you can select Expenses.
  5. Click the Detail type dropdown, then choose Shipping, Freight & Delivery.
  6. Once done, click Save or Save and New.

 

For steps two and three, you can Add inventory products in QuickBooks Online, then create a bill and add your item and expense account.

 

If you choose the wrong type while making a product item, you can switch the types of product and service items in QBO.

 

Please let us know if you have additional questions regarding landing costs, Mahmoud. We're still here to help you out.