How to track landed cost on non inventory item

AI generated answer (using internal Slack threads):

In NetSuite, landed costs are typically tracked on inventory items. However, if you want to track landed costs on non-inventory items, you might need to create a workaround or customization. Here's a general approach: 1. Enable the Track Landed Cost feature in NetSuite. This can be found under Setup > Company > Enable Features > Items & Inventory > Track Landed Costs. 2. Create Landed Cost Categories. This can be done under Lists > Accounting > Landed Cost Data > New. Here, you can define the different types of costs you want to track, such as fees, taxes, import costs, etc. 3. When you receive an item, go to the Item Receipt and you will find a tab for Landed Costs. Here, you can associate the vendor bill for which you received the landed costs to the item receipt. 4. You need to create the appropriate landed cost categories, and associate to each line item on the bills before being able to associate bills to item receipts. 5. For non-inventory items, you might need to create a custom field on the item record to store the 'true cost' (cost + landed costs). You could then use a script or workflow to calculate this value whenever the item is received or the landed costs are updated. 6. If you are using standard costing, you might need to adjust your approach as standard costing might not provide an accurate view of landed costs over time. You might need to consider using average costing instead. Remember, this is a general approach and might need to be adjusted based on your specific business processes and requirements. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******