How cost layers are affected by purchasing:

How cost layers are affected by receiving:

How cost layers are affected by assembly orders:

Setting up different costing methods:

Helpful Reports at End of Month:

  • Purchase Order Status Report (Tracking outstanding PO’s and verifying all receipts are logged)
  • Stock Snapshot (Capture inventory valuation from beginning and end of month, also helpful for viewing total sold, adjusted, and received values for time period)
  • Cogs insight dashboard (See COGS by SKU by channel in one place)
  • Detailed sales revenue breakdown (See each transaction with revenue and cost)
  • Inventory Valuation Report

Fixing/Upkeeping Cost Layers:

  • Transaction COGS report
  • Cost Layers report
  • Costs tab under an individual SKU
  • Cost layer update import

* Here is a walkthrough with more information on reports and upkeep.

In order to keep landed cost up to date, it’s critical that users are properly tracking PO’s, reconciling inbound shipments, etc.