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