Tag: Landed cost

Configuring Landed Cost Allocation per Line Preference

Client Requirement: ABC Company, an e-commerce retailer, imports various products from international suppliers. They have recently started experiencing issues with their landed cost calculations, which are affecting their profitability analysis and financial reporting. They want to ensure that landed costs are allocated accurately to each product and transaction. Additionally, they need the flexibility to allocate… Continue reading Configuring Landed Cost Allocation per Line Preference

Configuring Roles and Permissions for Estimated Landed Cost

Summary: This article guides NetSuite administrators through the process of configuring roles and permissions to enable Estimated Landed Cost functionality for different user roles. It explains how to enable Estimated Landed Cost for various standard roles and provides steps to set up permissions and forms for other roles that require access to this feature. Requirements:… Continue reading Configuring Roles and Permissions for Estimated Landed Cost

Importing Landed Cost Templates in NetSuite: Guidelines and Best Practices

Summary: This article provides comprehensive guidelines for preparing and importing landed cost template mappings into NetSuite. It covers the supported methods for importing estimated landed costs, details on updating import files with internal IDs, exporting existing mappings, editing fields, handling currency, and useful resources for creating CSV files for import. Requirements: A basic understanding of… Continue reading Importing Landed Cost Templates in NetSuite: Guidelines and Best Practices

8 Factors of Landed Cost

Landed cost can add up quickly, especially for businesses that import and/or export products. Landed cost incorporates various fees, not all of which may apply to every business or shipment. Shipping/freight cost: This is the price of physically transporting a product to its destination, whether by land, air or sea. It makes up the bulk… Continue reading 8 Factors of Landed Cost

What Is Landed Cost?

What Is Landed Cost? Landed cost is the sum of all expenses associated with shipping goods to their final destinations, whether that means onto shelves in a warehouse or store or straight to a customer’s doorstep. The concept may sound like a case of simple addition — and sometimes it is that straightforward — but… Continue reading What Is Landed Cost?

How to create a saved search of Item receipts with no landed cost associated

Scenario: The user wants a saved search that lists all item receipts that have no landed cost associated with it. Create a transaction search, define the type = item receipt identify the Chart of accounts of accounts which is used for storing the landed cost GL impact Please find the criteria and results used in… Continue reading How to create a saved search of Item receipts with no landed cost associated

Track and Apply Landed Costs(Summary)

Charges that are required to transport and make a stock item ready for sale are referred to as landed costs. These charges can come from multiple vendors representing a diverse set of expenses such as import fees, inbound freight charges, and stocking of materials. NetSuite provides functionality for defining these charges, capturing them, and applying them to… Continue reading Track and Apply Landed Costs(Summary)

Delete Sublist Subrecord Values in a record in copy context

REQUIREMENT Need to delete or remove the landed cost subrecord values in the item sublist when a copy of the record is taken. SOLUTION We can remove the landed cost subrecord values in a record when a copy of the record is taken. Add the below code snippet in the page init entry point of… Continue reading Delete Sublist Subrecord Values in a record in copy context

Landed Cost > You have attempted to allocate landed costs to a transaction using an allocation method that results in no allocation for any lines in the transaction. The allocation method you chose is “X”.

This message is encounteredon three different scenarios. “You have attempted toallocate landed costs to a transaction using an allocation method that resultsin no allocation for any lines in the transaction. The allocation method youchose is {Method of Allocation selected}. To correct this problem, go back tothe transaction and choose a different allocation method, or modify… Continue reading Landed Cost > You have attempted to allocate landed costs to a transaction using an allocation method that results in no allocation for any lines in the transaction. The allocation method you chose is “X”.