Does anyone know how to use this feature, we receive raw materials and goods from China and the USA and would like to see what our actual COGS are. <br/>
For that matter what is the best practice in SAP for determining your COGS.<br/>
Before you can use this feature you need to know a few things which get added to the purchase price of the items and therefore the cost included in the inventory value will be increased by the following;
Duties, Cutoms Clearing charges, Freight and any other costs incurred inorder to get the item in your warehouse.
The Landed cost process will allow you to add the individual costs to the purchase price of the item to get the final inventoried cost.