Inventory and landed cost
Know what the goods really cost.
The supplier invoice is not the cost. Freight, duty and handling belong in the cost of the goods — not in a note on the side, and not discovered at year end.
Included features by plan —
- Standard inventory managementStandard, Advanced
- Advanced inventory managementAdvanced
- Multiple locationsAdvanced
GRN-2026-0188 · LCV-2026-0031
What arrived, and what it took to land it
Goods · 500 units @ $12.006,000.00
Freight840.00
Import duty 7%420.00
A container is received and costed — Vithean posts
AccountDebitCredit
1300Inventory at landed cost7,260.00
2150Goods received not invoiced6,000.00
2160Freight payable840.00
2170Duty payable420.00
Balanced7,260.007,260.00
✓ Unit cost $14.52, not $12.0021% more than the invoice price
Costs spread across the shipment
Allocate freight, duty and handling over every line in a consignment. Unit cost updates; margin stops being a guess.
More than one warehouse
Stock by location, transfers between them, and one valuation that agrees with the ledger.
Valuation that ties to the balance sheet
The stock figure in your accounts is the stock figure in the warehouse. Not a reconciliation exercise.
Priced with confidence
When true cost is visible, pricing is a decision rather than a hope.