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Overview

Fencescape uses FIFO for inventory costing. A standard 10% markup is added to each item to capture shipping costs, duties and insurance. Certain items offer bulk purchase discounts.

Requirements

  • Landed Cost Configuration

    • Configure the landed cost fields to capture shipping, insurance, and other potential costs

    • Standard 10% markup for now

    • Set up accruals for landed costs when invoices are received at a later date

    • https://help.goldfinchcloudsolutions.com/goldfinch/manage-landed-costs

    • Configure landed costs to allocate based on line cost of the Warehouse Receipt, rather than Quantity

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