Effectively managing inventory costs is just as important as setting accurate sales prices. Many businesses assess profitability by item or category but overlook the full landed cost—resulting in a distorted view of profit margins. Often-overlooked expenses like customs duties, freight, and insurance can substantially increase the true cost of inventory.
Microsoft Dynamics 365 Business Central offers powerful tools to manage these additional costs using Item Charges, allowing businesses to assign landed costs to inventory even after items have been received—whether days or weeks later.
For more information and Step-by-Step Guide: Assigning Landed Costs Using Charge Items click here!