Landed Cost in Enterprise 21

Let's make sure to fix the error of inventory, fpieplow.

Normally, you'll have to calculate and record the landed cost before you receive the bill and use the items. You can edit those assemblies that you have entered in the receipt. If you are still getting some discrepancies, you can adjust your inventory, then set up landed costs based on the bill that you've received for freight and duty. To set up the landed cost account, follow the steps below:

1. From the Edit menu, select Preferences.
2. Select Items and Inventory, then select Company Preferences.
3. Select Advanced Inventory Settings.
4. Select the Landed costs tab, then select Setup landed cost account.
5. Create either a new account or use an existing account, then select Save & Continue.
   
   

Once done, you can now map the shipping and handling items to the landed cost account. Please read this article for the detailed steps: How to set up landed cost in QuickBooks Enterprise Services. I've also added these articles for additional information:

• How to calculate landed cost in QuickBooks Enterprise Services
• Landed cost FAQs
  
  

For your reference, you can run reports in QuickBooks to give the information you need. Here's an article that you can go through: Understand Reports. 

Reach out to us if you need further assistance in recording landed costs. The Community is always here to help you anytime.