Landed Cost Integration

At ConnectBooks, we understand that managing real inventory costs goes beyond purchase prices. We're excited to introduce the new Landed Cost feature. A powerful addition to our inventory management system that helps you track and allocate all costs associated with bringing products to your warehouse. 

What makes landed cost essential?
Landed Cost gives you a complete picture of your inventory expenses by incorporating all associated costs—from purchase price to shipping, taxes, handling, and tariffs. For example, a coffee mug might cost $10; additional handling and shipping expenses of $2 bring its true landed cost to $12. This level of accuracy is crucial for maintaining healthy profit margins and making informed pricing decisions.

Key benefits of the landed cost feature:

• Comprehensive cost tracking:
  The Landed Cost feature captures all expenses like shipping, taxes, and handling, offering a detailed view of product costs. This helps you set accurate pricing, maintain profit margins, and make informed financial decisions.
  
  
• Flexible allocation methods:
  Distribute costs based on weight and volume, or split them evenly to match your needs.
  These customizable options ensure that allocations accurately reflect true product expenses.
  
  

Seamless QuickBooks integration:
This feature syncs landed costs directly with QuickBooks, automatically updating records for freight, tariffs, and other expenses. Save time, reduce errors, and ensure your financial reports remain clear and accurate.