# Landed Costs - Quick Start

This page provides a simple example to help you get started with Landed Cost.\
For more detailed instructions, refer to other sections throughout this documentation.

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## Step-By-Step walkthrough

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* Ensure all [Prequisites ](https://docs.tradeqloud.com/qloud-margin-control/getting-started/prerequisites)are met
* Ensure Application is installed and Custom GL Plug-In is configured
* Ensure the [Setup](https://docs.tradeqloud.com/qloud-margin-control/using-qmc/setup-guides/landed-costs-setup) is completed before proceeding
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### Login to NetSuite

*Important: Use **administrator credentials** to ensure having the necessary permissions.*
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### Configure TradeQloud Setup

* [ ] Navigate to **TradeQloud** -> **Setup** -> **Setup**
* [ ] Enable **Supply Order Creation**
* [ ] Select Bill, Inventory Adjustment, Inventory Transfer, Purchase Order, Transfer Order in the **Supply Order Transactions** field

<div align="left"><figure><img src="https://3422641029-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FMzVAkLHuKD7fofWoLeMK%2Fuploads%2Fc26zwULBofWoWsoAnbuu%2Fimage.png?alt=media&#x26;token=474a0a9c-d23e-4e4d-9b8f-8798402d7011" alt="" width="223"><figcaption></figcaption></figure></div>

* [ ] Enable **Landed Costs**
* [ ] Select Purchase Order in the **Landed Cost Transactions** field
* [ ] Select applicable Subsidiaries / Locations in the relevant fields
* [ ] Set **Landed Cost Rounding** = 3
* [ ] Set **Update IR Rate Saved Search** = TQ QMC - Update Rate
* [ ] Set **Update IR Rate Based on Vendor Bill Rate** = T
* [ ] Select **Default Landed Cost Processing Method** = Create Individual Cost PO
* [ ] Select **Default Primary Landed Cost Variance Method** = Update Inventory Cost (Open Period Only)
* [ ] Select **Default Seconday Landed Cost Variance Method** = Do Nothing
* [ ] Set **Automatically Process Landed Cost Variance** = T

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For detailed information about these settings, refer to the [TQ Setup page](https://docs.tradeqloud.com/qloud-margin-control/using-qmc/setup-guides/tq-setup)
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### Item Setup

**Create a Service For Resale Item**

Create a new item to use for Landed Cost Processing where desired to track Landed Costs. On the item select an income account and expense account. New GL accounts may be required

#### Update Items

Update existing Items and ensure 'Track Landed Cost = T' (for inventory items)
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### Create Landed Cost Budget - Vendor Specific

* [ ] Open a **Vendor record**
* [ ] Go to **Tab: TradeQloud** -> **TQ Landed Cost Budget** -> **New TQ Landed Cost Budget**
* [ ] **Fill in** the following fields
  * [ ] **Auto-Apply Transactions**\
    \&#xNAN;*Select all the transactions the Landed Cost will be applied to*
  * [ ] **Landed Cost Vendor**\
    \&#xNAN;*Select the Landed Cost Vendor for this budget*
  * [ ] **Landed Cost Item**\
    \&#xNAN;*Specify the Landed Cost Item to be used for costing.*&#x20;
  * [ ] **Calculation Method**
  * [ ] **Allocation Method**
  * [ ] **Rate / Percent**\
    \&#xNAN;*Depending on which Calculation Method you select, either the Rate or the Percent field will become active & required*
  * [ ] **Currency**
  * [ ] **Primary Landed Cost Variance Method**\
    \&#xNAN;*Depending on the selection the Seconday Landed Cost Variance Method will activate*
  * [ ] **Secondary Landed Cost Variance Method**
* [ ] **Click Save**

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[More information about Landed Costs Budgets](https://docs.tradeqloud.com/qloud-margin-control/using-qmc/examples/landed-costs/landed-cost-budgets)
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### Create First Transaction

Create a Purchase Order, ensure that the item selected is included in the filter, and the discount should be applied!&#x20;
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## Need Assistance?

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If you continue to experience issues after following these installation steps, we recommend reaching out for further assistance.&#x20;

Please contact us at <support@tradeqloud.com> with a detailed description of the problem. Our dedicated support team is committed to helping you resolve any challenges you may encounter.
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