Shipping Costs (Landed Cost)

Top  Previous  Next

Suppliers With Stock To OrderHelpSecurity SetupTabsUnlock MonitorQuick AddCalendardashboardCompanyEmployeeQuoteWorkshopSupplierCustomerLedgerInvoiceFileRTS LookupGoods ReceivingGRN LookupPO LookupNew RTSNew POPurchase PlanningExtraStock GroupsStock TakeStock AdjustmentsStock OptionsStock TurnoverItem LookupExtended Item LookupStock DetailNew ItemStock Main Menu



Shipping costs or landed costs can be added to the average costs giving you a more accurate stock value.


Click on the Shipping and other costs tab to add for e.g. Freight Charges, Customs Duty, Customs VAT, handling and other costs.


All of these additional costs (Freight, VAT, Duties etc.) will be added up and allocated proportionally to each item on the order, according to value, weight or manually. Select which to use in the Stock Options Form.


You can exclude an item, select Exclude From Shipping Cost Allocation in the Stock Main Form, Additional Info Tab

Example of how the landed costs are worked out based on the value.

Exchange rate is 8 and the total additional costs are R500


% of Total

Add. Cost (R.c)

Landed Cost (R.c)

Cost Item A:     $10

   0.80 (10/1250*100)

   4 (500*.008)


Cost Item B:   $240


 96 (500*.192)


Cost Item C: $1000


400 (500*.8)


Total              $1250





Customs VAT.

Input Tax - Customs VAT Code: ICU VAT  100% (See also Ledger > Tax Setup)

This code was specifically added to handle the Customs VAT if you import goods. If you use this VAT code on the Shipping and Other Costs tab in the GRN then it won't effect your Landing Cost and the Total VAT amount can be claimed back.

ROEVATItems ArrivedCurrencyCustoms VATGRV_Shipping


Type the Customs Vat (ICU) amount in the Amt. Incl. column.


See image below


Shipping invoice



Set the default currency in which you work in Company > Application Options

Keywords: Customs Duty,Customs VAT,Exclude From Shipping Cost Allocation,Freight Charges,Landed Cost,Shipping Costs,VAT Customs