How to Set up Landed Cost in QuickBooks Desktop Enterprise

Landed cost causes you to track your item costs all the more precisely. You can utilize it to factor in things like delivery, traditions obligations, protection, and various things. Set up your landed cost in QuickBooks Desktop Enterprise Platinum and Diamond.

How to Set up Landed Cost in QuickBooks Desktop Enterprise

To set up landed cost in QuickBooks Desktop Enterprise, enable Advanced Inventory in the Company Preferences. Then, create or map a landed cost account to shipping and handling items. You can also add new shipping items by setting them as “Other Charge” types and linking them to the landed cost account.

Step 1: Set up the landed cost account

To set up the landed cost, you’ll need to first turn on Advanced Inventory for QuickBooks Desktop. You can make another record or use a present record to control postage things.

• From the Edit menu, select Preferences.
• Select Items and Inventory, by then select Company Preferences.
• Select Advanced Inventory Settings.
• Select the Landed costs tab, then select Setup landed cost account.
• Make either another record or use a present record, by then select Save and Continue.

Step 2: Map postage things to the landed cost account

Select the postage things or include new things like transportation, traditions, work, and so on.

• Select the Shipping and Handling Things drop-down.
• Pick postage things to delineate.
• Select Save and Close.

Read More: Job Costing in QuickBooks

Step-by-step instructions to make new things for a landed expense

To make new things for landed cost, you’ll have to make a thing kind of Other Charge at that point add it to the landed cost account.

To do this:

• Select Item List.
• Select Item, and at that point, select New.

By and by, you’ll need to add it to the landed cost account:

• From the Edit menu, select Preferences.
• Select Items and Inventory, by then select Company Preferences.
• Select Advanced Inventory Settings.
• Select the Landed costs tab, by then select Manage landed cost account.
• Select Save and Continue.
• Select Add Item, by then pick the thing to incorporate.
• Select Save and Close.

Since you’ve mapped postage things, you can figure out the landed cost in QuickBooks services.