Managing Landed Costs In NetSuite - Explained

Setup, Templates, Vendor Bills & Reporting

Managing Landed Costs in NetSuite: A Step-by-Step Guide

In this walkthrough, Racette Consulting’s Ryan Fischels breaks down how to enable and use NetSuite’s Landed Cost functionality — from initial setup to applying costs across transactions.

You’ll learn:

• How to enable Landed Cost in NetSuite

• Three methods for cost allocation:

  • Manual — Add landed cost manually at the transaction level

  • Template — Set up reusable templates for recurring charges

  • Vendor Bill — Link vendor bills directly to transactions for automated allocation

• Troubleshooting tips and when to use each method

• Pros and cons of Manual vs. Template vs. Vendor Bill workflows

• Real examples to show how each method impacts your reporting