# Prerequisites This page outlines the system, data, and user requirements necessary to take full advantage of QMC's capabilities.

Requirement	Explanation
TradeQloud Setup	TradeQloud Setup must be installed.
Qloud Margin Control License	You must have purchased an active license for the TradeQloud App.

## Landed Costs The following **NetSuite features** are required if using **Landed Costs**

Feature Name	Description
Accounting	Check this box to use NetSuite for your business's accounting. The Accounting feature gives you access to a chart of accounts.
A/P	Check this box to maintain accounts payable records and track purchases, bills, vendors and payee records. Clearing this box will give you fewer fields to fill out on transaction pages.
Purchase Orders	Check this box to issue purchase orders, receive against those orders and create bills from those receipts. When you select this, NetSuite creates a nonposting account for purchase orders.
Advanced Receiving	Check the Advanced Receiving box to receive orders separately from bills. This feature, enables the option for receiving items before receiving a bill.
Inventory	Check this box to track quantities and profit from buying and selling inventory. When selecting this option, NetSuite creates accounts for cost of goods sold and inventory assets.
Landed Cost	Check this box to track the costs associated with purchasing items apart from the material cost. For example, landed cost can include duty fees, insurance and shipping cost.

The following NetSuite **Accounting Preferences** are required if using **Landed Costs**

Accounting Preference	Description	Value
Landed Cost Allocation Per Line	Check the Landed Cost Allocation per Line box to apply landed cost per line on all new item receipts, credit card charges and vendor bills .	Checked

The following **TradeQloud Setup** (TradeQloud -> Setup -> Setup) is required: * [ ] Enable Supply Order Creation * [ ] Supply Order Transactions = Purchase Order, Vendor Bill *** ## Sales Costs The following NetSuite features are required if using **Sales Costs**

Feature Name	Description
Accounting	Check this box to use NetSuite for your business's accounting. The Accounting feature gives you access to a chart of accounts.
A/R	Check this box to maintain accounts receivables records and track invoices, receipts, cash sales, payments and customer records.
Sales Orders	Check this box to be able to track customer orders and convert them into invoices and cash sales.
Advanced Shipping	Check this box to use advanced shipping and have separate transactions to fulfill sales orders and bill sales orders.
Inventory	Check this box to track quantities and profit from buying and selling inventory. When selected, NetSuite creates accounts for cost of goods sold and inventory assets.

The following **TradeQloud Setup** (TradeQloud -> Setup -> Setup) is required: * [ ] Enable Demand Order Creation * [ ] Demand Order Transactions = Sales Order, Invoice