Chapter 304 Landed Cost
Big Business 13 adds several options for using Landed Cost to evaluate profitability on Quotes, Orders, and Invoices, and more.
This Chapter collects a few of these new settings and options.
Landed Profit
Landed Profit is an optional Tab on Quote, Order, and Invoice. View your Landed Cost for each line item along with Landed Profit and Landed Profit Percentage. Adjust any entry, such as changing Landed Extended Cost for a line item, to have Big Business re-calculate pricing to match.
To fit columns nicely, choose a short name for Landed Cost fields. By default LC is used but in the picture it has been set to JJC because it is Jillian Jellybean Company's cost, which factors in sampling, not a traditional component of landed.
Profit LC
Profit LC displays a new Tab with Profit based upon Landed Cost (LC). This works like the Profit tab, that you can change the Profit or Percentage (Profit %) on an item and it will change the Price for you.
This change is initially on the Sales Order only. It includes changes for Export and Custom Forms, but does not change any Reports or other transactions yet.
Built LC
Built LC sets Landed Cost (LC) for Built items using the total of the Landed Costs of their components. Otherwise, Landed Percentage is used to update the Landed Cost.
To use this setting, ensure components have Landed Costs and restart the Server to load new settings. You can then use Update Cost to update landed costs.
Landed Fields
If you turn on LC Profit in the Item Prefs, Big Business will add the LC Profit tab to Quotes, Orders, and Invoices, showing new LC Fields, including:
LC Cost
LC Ext Cost
LC Profit
LC Ext Profit
LC Profit %
Landed Label
Big Business lets you choose the Label for Landed Cost Fields and Tabs and Reports.
Invoice Landed
Landed Profit is an optional Tab on Quote, Order, and Invoice that shows Landed Cost, Landed Profit, and Landed Profit Percent. Turn it On to use these, and when you add items to transactions Big Business will add the Cost and the Landed Cost.
Later, when you Convert a Quote or an Order to an Invoice, Big Business puts in the current Cost and current Landed Cost. If your costs have changed since an Order was created, converting it to an Invoice will show the new, current Cost and Landed Cost.
Order Landed
Landed Profit is an optional Tab on Quote, Order, and Invoice that shows Landed Cost, Landed Profit, and Landed Profit Percent. Turn it On to use these, and when you add items to transactions Big Business will add the Cost and the Landed Cost.
Later, when you Convert a Quote to an Order, Big Business puts in the current Cost and current Landed Cost. If your costs have changed since an Quote was created, converting it to an Order will show the new, current Cost and Landed Cost.
Forms Landed
The Landed Cost (LC) option Landed Profit puts the LC Profit tab on Quote, Order, and Invoice that shows LC Cost, LC Profit, and LC Profit Percent for each item. Turn it On to use these, and when you edit your custom forms in the Forms tool, you will see these additional fields.