<img src="https://secure.leadforensics.com/133892.png" alt="" style="display:none;">

Calculating the total landed cost for goods can be a time-consuming experience. 

What if you could drastically reduce the effort required for receiving and invoicing? This in turn leads to recording costs more accurately, faster reporting of key information, and better accounting practices. Fortunately, the landed cost capabilities of Microsoft Dynamics GP Inventory series can simplify this activity.

Microsoft Dynamics GP allows you to define an unlimited number of landed cost elements such as Harbor Maintenance Fee (HMF) and Duty percentages, then mix and match these elements to reflect the group of landed costs which should be associated with each item. During the purchasing and receiving activities, those default landed costs flow through the system automatically, reducing the need for manual input. Accurately represent the true cost of an item as it moves into Inventory by using the combination of line item specific landed costs and transaction level landed costs.

BYOE GP

Topics

Discuss this post

Recommended posts

Businesses across industries are doing their best to respond swiftly to the challenges the pandemic is inducing. On the healthcare sector especially, the impact of this crisis has been unprecedented.
We are writing this blog with a two-fold purpose: The first is to discuss the effects of mainstream support ending for Microsoft Dynamics GP 2016 in July this year. The second – to understand the options companies can select from to tide over the resultant challenges.
Working with Microsoft Dynamics GP? You probably already know that one of the key advantages of aligning your business processes with Dynamics GP is the incremental amount of time it allows you to save. That said, a deeper dig into Dynamics GP’s tools and features can help you prevent losing out on opportunities to save even more time.
right-arrow share search phone phone-filled menu filter envelope envelope-filled close checkmark caret-down arrow-up arrow-right arrow-left arrow-down