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Feature · Purchasing & Inventory

What does an item really cost?

The purchase price is only half the story. The Landed Cost Calculator distributes freight, customs, and insurance across your goods receipts, calculates the actual landed cost per item, and writes it back into your inventory value.

The purchase price is only half the story.

If a supplier invoice lists an item at €10, it rarely actually costs you €10. Freight, customs, and insurance come on top, and these often end up as a lump sum somewhere in the accounts instead of in the item price. The result: your inventory value is too low, your margin looks better than it really is, and quotes get calculated on the wrong basis. With imports from abroad, this can quickly add up to double-digit percentage points.

How it works

Three steps to the real landed cost

You assign costs, choose the allocation method, and post; the system does the rest.

1

Record goods receipts & costs

You select the affected goods receipts and assign the cost invoices: freight forwarder, customs, insurance. Each invoice can have its own currency and its own exchange rate.

2

Choose an allocation method

You decide how the additional costs are allocated: by goods value, quantity, weight, or volume, or manually. Matched to whatever actually caused the cost.

3

Post & write back

Calculated, reviewed, and posted at the push of a button: every goods receipt then carries the actual landed cost, and the inventory value is adjusted automatically.

by goods value by quantity by weight by volume manually
Why it matters

An inventory value that's accurate, and margins that are honest.

Because the actual landed cost flows back into the moving average price, your inventory is valued at real cost instead of the invoice amount. Sales prices, quotes, and project calculations are then built on an honest basis. You see your true return, honest instead of dressed up.

Impact across the whole system

One feature, benefits in three places

Purchasing

As soon as the goods receipt is posted, you know what the goods really cost, including all additional costs.

Inventory

The inventory value is based on real costs. Stock valuation and physical counts match reality.

Projects

Project budgets calculate with real material costs: the margin is set before the project even starts. corentos Projects →

Why corentos

An experienced software architect, personally by your side

Behind the Landed Cost Calculator lies 30 years of hands-on project experience: purchasing, logistics, and costing through to automated price calculation in retail, with support through every phase, from analysis to go-live.

Ralf Natale, founder of corentos
“Anyone who imports often calculates with only half the costs: the Landed Cost Calculator brings freight, customs, and insurance into every margin.”

Ralf Natale · Founder of corentos · Software Architect & Consultant · 30 years of experience

From real projects, anonymized

  • Purchasing · LogisticsCustomer information system for pharma: purchasing, logistics, production, and inventory2007–2011
  • Pricing · RetailWeb portal for fruit & vegetable trading, incl. automated price calculation2023
  • ERP · PharmaERP system for the pharma industry: sales and production2014–2021
Part of corentos ERP Moving average price Made in Germany

Do you know your real margin?

No-obligation initial consultation, we'll show you the Landed Cost Calculator using your own numbers.

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