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kimforbes
Level 1

Inventory

Hi,

I have Quickbooks Enterprise. I'm trying to find out how to allocate freight costs on items in inventory. We buy containers from one seller and pay freight to another seller. I need to find out our total costs for one container. The purchase price and freight charges.

2 Comments 2
MAnneJ
QuickBooks Team

Inventory

I'll ensure you'll get to calculate your landed cost accurately, Kim.

 

To ensure the calculation of your landed cost, we can turn on the Advanced Inventory Settings in QuickBooks Desktop (QBDT) Enterprise. Doing so will help us set up the landed cost.

 

Here's how:

 

  1. Go to the Edit menu and select Preferences.
  2. Choose Items and Inventory, then click on Company Preferences.
  3. Select Advanced Inventory Settings.
  4. Select the Landed Costs tab, then set up the Landed Cost Account.
  5. Create either a new account or use an existing account, then select Save & Continue.

 

After this, select the shipping and handling items to the landed cost:

 

  1. Select the Shipping & Handling items ▼ dropdown.
  2. Choose shipping and handling items to map.
  3. Once done, click Save & Close.

 

Once everything is set up, we can add a landed cost, create an item type of Other Charge, and add it to the account to calculate them.

 

You can check and learn how to set up landed costs in QBDT Enterprise.

 

You can leave a comment if you require additional assistance managing your inventories in QBDT. I'm here to always help. Have a great day ahead of you.

Deity Alpha
Level 4

Inventory

@kimforbes 

Which Enterprise plan do yo have?

 

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