Webcast: Tuesday, February 27, 2018 - 2pm
During this webcast, we will demonstrate the advantages of using Estimated and Actual Landed Cost in NetSuite.
Using Landed Cost allows you to capture costs associated with an item, though not always directly. Landed Cost in NetSuite allows us to apply Vendor Bills or allocation methods by order or line to attribute these costs to items. What about those times when you do not know your landed costs at time of receipt or order.
Well this is when Estimated Landed Cost allows you to develop estimates based on Templates and replace them later with actuals.
Using both these functions allows for more accurate capture of item costs and thus more accurate inventory valuation.
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