What it shows
Open Landed cost details. It lists the lines of purchase invoices of inventory products, one line per product on a bill, with:
| Column | Meaning |
|---|---|
| Voucher no, Date, Party invoice no, Pragyapan number | The bill and the supplier's own references |
| Supplier, Product/Service name, Part no | Who and what |
| Stock QTY, Unit, Rate, Amount | The quantity and the line's price |
| The product's adjustments and the bill's adjustments | Each adjustment of the bill by name |
| Stock value | The line's price plus the adjustments you marked Stock valuation |
| Per unit costing | Stock value divided by the quantity: the landed cost of one unit |
Filter by From date, Voucher no, the supplier and the product.
How the extra costs get in
An adjustment marked Stock valuation (freight, customs, clearing) is added to the value of the goods, so it becomes part of the cost. This can be on the purchase invoice itself (Set up VAT, discounts and other purchase adjustments) or added later with a Purchase add-on voucher (Add a cost to a purchase with an add-on voucher). The Per unit costing here is what the stock is then valued at (How stock is valued and what a sale costs).
Common questions
Per unit costing is the same as the rate.
The invoice has no adjustment marked Stock valuation.
A fixed asset is not here.
The report lists inventory products only.
We added the unloading after some tiles were already sold. Does their cost change?
Yes. The add-on voucher raises the value of the invoice's goods, and the cost of sales is worked out again the next time a value report runs, so the tiles sold from that pile now cost 639 each (How stock is valued and what a sale costs).
Is the VAT on the bill part of the landed cost?
Only if the VAT adjustment is marked Stock valuation: Stock value adds the adjustments marked so and no others. Check the setting of each purchase adjustment in Purchase adjustment (Set up VAT, discounts and other purchase adjustments).