How to set up landed cost in QuickBooks 2020

How to set up landed cost in QuickBooks 2020

Set up your QuickBooks 2020 landed cost for QB desktop users. Learn how to set up landed cost in QuickBooks 2020 after the new update in QuickBooks, get in touch with our QuickBooks experts for a detailed guide for setting up landed cost at +1-800-816-6849.

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. When you’ve set up landed cost, you can see it for any charge you add the stock and dispatching things too. Here are how to set it up and begin.

Step 1: Set up the landed cost account

To set up landed cost, you’ll need to at first turn on Advanced Inventory for QuickBooks Desktop 2020. You can make another record or use a present record to control postage things.

  1. From the Edit menu, select Preferences.
  2. Select Items and Inventory, by then select Company Preferences.
  3. Select Advanced Inventory Settings.
  4. Select the Landed costs tab, by then select Setup landed cost account.
  5. 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.

  1. Select the Shipping and Handling things drop-down.
  2. Pick postage things to delineate.
  3. Select Save and Close.

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, at that point, selects New.

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

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

Since you’ve mapped postage things, you can figure landed cost in QuickBooks 2020 Services.

For help on the most proficient method to, How to set up landed cost in QuickBooks 2020 is equipped with a QuickBooks 2020 Helpline Number +1-800-816-6849 at which our QuickBooks aces will bolster clients and help to settle the issue or questions.

Source: https://quickbooks.intuit.com/learn-support/en-us/help-articles/how-to-set-up-landed-cost-in-quickbooks-enterprise-services/00/366383