Landed Costs Management Overview

Landed costs are expenses incurred in bringing purchased goods to their intended destination and condition. They may include freight, customs duties, brokerage fees, insurance, handling charges, and other acquisition-related expenses.

GoldFinch Landed Cost Management helps organizations assign these additional costs to the related inventory transactions, providing a more complete and accurate view of inventory cost and product profitability.

Why Landed Costs Matter

Using only a vendor’s purchase price may understate the actual cost of inventory. This can affect:

• Inventory valuation
• Cost of goods sold
• Gross-margin analysis
• Product pricing decisions
• Vendor and sourcing comparisons
• Financial reporting

By incorporating applicable landed costs into inventory value, GoldFinch helps organizations better understand what their products truly cost.

Connected Purchasing, Inventory, and Accounting

GoldFinch connects landed-cost information with purchase orders, warehouse receipts, inventory records, vendor invoices, and accounting transactions.

This connected approach gives purchasing, warehouse, and finance teams visibility into the costs associated with acquiring inventory—without relying on disconnected spreadsheets or separate allocation systems.

Actual Landed Costs

Use actual landed costs when the related charges are known, such as when a freight carrier, customs broker, or other service provider submits an invoice.

GoldFinch can associate these costs with the relevant inventory receipts and allocate them to the applicable items. This helps organizations update inventory costs based on the actual expenses incurred.

Accrued Landed Costs

The actual freight or import invoice may arrive after inventory has been received, sold, or consumed. Accrued landed costs allow organizations to estimate and assign these costs when goods are received.

When the actual invoice becomes available, the accrued amount can be reviewed and reconciled according to the organization’s accounting policies and GoldFinch configuration.

This approach can provide more timely inventory costing and reduce distortion in gross-margin reporting.

Flexible Cost Allocation

Different landed-cost charges may need to be distributed differently. GoldFinch supports configurable allocation methods, so organizations can assign costs based on appropriate business drivers.

The allocation approach may depend on the cost type, the items purchased, and the organization’s accounting policies. Authorized customers can access detailed configuration instructions.

Outbound Freight

GoldFinch can also support assigning applicable outbound freight charges to related sales activity. This helps organizations evaluate delivery costs and understand profitability beyond the product’s inventory cost.

Outbound freight treatment depends on the organization’s operating model, accounting policies, and GoldFinch configuration.

Visibility and Reporting

Because GoldFinch operates on Salesforce, authorized users can use connected data, reports, and dashboards to review:

• Landed costs associated with inventory receipts
• Estimated and actual landed-cost amounts
• Cost allocation results
• Vendor and carrier charges
• Inventory costs and gross margins
• Items requiring review or reconciliation

Business Benefits

GoldFinch Landed Cost Management can help organizations:

• Improve inventory-cost accuracy
• Obtain a more complete view of product cost
• Improve gross-margin reporting
• Reduce manual spreadsheet allocations
• Connect freight and import expenses with related inventory
• Support timely costing before final invoices arrive
• Improve purchasing, sourcing, and pricing decisions
• Strengthen coordination among purchasing, warehouse, and finance teams

Built on Salesforce

GoldFinch Landed Cost Management is part of the Salesforce-native GoldFinch platform. Landed-cost information remains connected with purchasing, inventory, sales, accounting, vendors, and products in a shared operational system.

Learn More

This page provides a high-level overview of landed-cost capabilities. Signed-in GoldFinch customers can find detailed instructions for configuring allocation methods, processing actual or accrued landed costs, and reconciling related transactions.

To learn how GoldFinch Landed Cost Management can support your organization, contact GoldFinch Cloud Solutions.