Know the true cost of every item.
Landed cost and inventory valuation in SwiftBooks Pro let you add freight, duty and handling to an item's true cost and value your stock using FIFO or weighted average, so your margins, cost of goods sold and balance sheet are accurate.
Cost your stock properly.
Beyond the purchase price to the real landed cost.
Add landed costs
Spread freight, duty and handling across the items you receive.
FIFO or weighted average
Choose the valuation method that suits your business.
Accurate cost of goods
Know the real cost behind every sale.
Accurate margins and accounts.
True margins
Pricing and profit reflect the real cost of your stock.
Correct balance sheet
Inventory is valued properly in your accounts.
Sound reporting
Accurate cost of goods feeds reliable management and statutory accounts.
Common questions
What is landed cost?
Landed cost is the full cost of getting stock to you — the purchase price plus freight, duty, handling and other charges — spread across the items received.
Which valuation methods are supported?
SwiftBooks Pro supports FIFO (first in, first out) and weighted average cost valuation.
What's the difference between FIFO and weighted average?
FIFO values stock as if the oldest items sell first, while weighted average uses the average cost of all units held; you choose what suits your business.
Why does this matter for my accounts?
Accurate stock valuation and cost of goods sold give you true margins and a correct inventory figure on your balance sheet.
Real costs, real margins.
Ignoring freight and duty understates your costs and overstates profit. SwiftBooks Pro captures landed cost and values stock properly.