Landed Costs in Acumatica

This video explains how landed costs work in Acumatica Cloud ERP and how they help businesses gain a more accurate view of inventory costs.

Landed costs represent the true, all-encompassing cost of a product as it moves from supplier to warehouse.

As the video illustrates, while a product may be purchased for £500 and expected to generate a £200 margin, additional costs such as shipping, insurance, duties, broker fees, port, fuel and handling charges can significantly reduce actual profitability.

The video shows how Acumatica helps you capture and allocate these costs directly to inventory items.

In this video, you’ll learn:

  • How landed costs impact profit margins and COGS
  • How costs are reflected in inventory reports
  • How average item cost updates automatically

Key features covered:

  • Create landed cost codes for different types of charges
  • Allocate costs automatically based on quantity, cost (value), weight, volume
  • Apply landed costs to purchase receipts
  • Automatically update inventory values and accounting records

Once applied, Acumatica updates item costs so your financials reflect the true cost of goods.

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