There are times when a company wants to add “Landed Cost Elements” to inventory as part of the procurement process. This could be freight, duty, drayage, or storage.
The setup and accounting for a provision for landed cost when using the Standard Cost Method is different than when using all of the other costing methods in Dynamics NAV. Let’s illustrate by looking at the setup for a FIFO item using a Dynamics NAV 2013 Item Card.