Landed costs allow a company to charge an additional markup or surcharge on parts that can be posted to a separate GL account. This is often used for international charges or tariffs.
The landed cost percentage would be set up in the parts group setup, and then the account for that additional cost to post into would be setup on the warehouse tab.
When selling, that part will have a separate cost built into the sale that will post into the account entered on the landed cost account field for the warehouse. This does not affect the calculation of the selling price, and is a separate calculation.
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