Landed cost* helps you identify the true cost of your products by factoring in freight, duties, taxes, tariffs, currency conversion, and insurance. With Enterprise, you can automate all these factors into your accounting to get the total cost of a product or shipment so you can maintain the margins you need to stay profitable. Now you can also set up landed cost accounts as “COGS” or “Other current assets.” Plus, you can accurately calculate landed cost for old item bills from closed accounting periods.
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