Landed cost
From iDempiere en
Landed cost is costs that according to GAAP should be part of cost of goods sold (CoGS).
CoGS can be divided into the following basic parts:
- The purchase price
- Customs fees or other fees related to the purchase
- Freight
- Other handling fees
The purchase price is traditionally the "cost" of the product. However, for some products the other costs can be a big part of the cost for selling the goods. For these products it's important to track these other costs, so called landed costs.
