ANS-1468 · INVENTORY & ITEM MANAGEMENT
How to Make a Vendor Bill Available for Landed Cost Allocation in NetSuite?
Proper configuration of landed cost categories and vendor bills ensures costs can be allocated to inventory receipts.
Short answer
To make a vendor bill available for landed cost allocation, create landed cost categories, configure the vendor bill with a landed cost item and category, then save and approve the bill. This enables the bill to appear on the Landed Cost subtab of item receipts.
Scenario
Users often need to allocate additional costs, such as shipping or customs duties, to the cost of inventory items. The challenge is ensuring that a vendor bill, which includes these additional costs, is correctly configured and processed in NetSuite so that it can be linked to an item receipt for landed cost distribution.
Solution
Create Landed Cost Categories by navigating to Setup > Accounting > Accounting Lists > Cost Category.
On the vendor bill form, ensure the Landed Cost subtab is available for entering landed cost details.
Create an item specifically for the landed cost and select it on the vendor bill. When doing so, ensure a Landed Cost Category is selected within the Landed Cost subtab. This action flags the amount on the bill as available for allocation on the Landed Cost subtab of an item receipt.
Save the vendor bill.
Ensure the vendor bill is approved.
The approved vendor bill will now be available on an item receipt transaction, accessible via the Landed Cost subtab. The landed cost will be distributed among the item records that have the "Track Landed Cost" checkbox selected.
Expert NetSuite Support
Need help with this NetSuite issue?
Inventory & Item Management consulting and configuration support