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Landed Cost computes the actual cost of International shipments, allowing organisations to incorporate import costs (Customs Duty, freight, insurance, other taxes, brokers’ fees, commissions and other costs.) into inventory using many different cost allocation methods – so your costs are 100% accurate. This component of costing is imperative for organisations needing to accurately track costs when importing. Landed Cost also looks after the GST elements of importing goods.
Here are some more benefits of Jiwa 7’s Landed Costs Module: