The IncoDocs Landed Cost Calculator makes it quick and easy for importers to understand the landed cost and sell pricing of imported goods.
Before You Start
Before using the landed cost calculator, make sure that you understand:
The seller’s product details, pricing and packaging details
International transportation costs and fees, based on the shipping method and Incoterm agreed
The applicable import duty and tax rates in the country of import
Read more details about the above here, before moving on to using the calculator.
Step-by-Step: Watch the Video Guide
Watch the step-by-step video guide using an example of a supplier’s proforma invoice for a 20’ container of bollards, shipped from China to Australia.
Before You Start
Step 1. Entering Shipment, Product Details & Pricing
Step 2. Understanding the Landed Costs per product
Step 3. Calculating Sell Pricing
Read more about each of the steps below the video.
Before You Start
Before using the landed cost calculator, make sure that you understand:
The seller’s product details, pricing and packaging details
International transportation costs and fees, based on the shipping method and Incoterm agreed
The applicable import duty and tax rates in the country of import
Step 1. Entering Shipment, Product Details & Pricing
Shipment Details
At the top section of the calculator, enter all of the shipment details, transaction details and freight & import costs. The live exchange rate will automatically be provided.
Product Details
Here is where to enter all of the product details, line by line. You can also click to add and save your product codes, to pre-fill them next time.
The freight and import costs can be split over the different products based on each product’s ’cubic per unit’, or ’weight per unit’ options. Click calculate to get the
Click ’Calculate’ then the landed costs will show in the 2nd table below.
Step 2. Understanding the Landed Costs per product
The 2nd table will display the ‘Landed Cost (Ex. Tax)’, listed per product row. If importers are going to on-sell these products, they can move down to the 3rd table to calculate sell pricing and profit figures.
Step 3. Calculating Sell Pricing
The 3rd table is where importers can calculate sell pricing and profit figures. There are 3 options to set sell pricing:
Click to enter a ‘Margin’ percentage for each product
Click to enter a ‘Markup’ percentage for each product
Click to type in a specific ‘Sell Price / Unit (Ex. Tax)’ for each product
This is very flexible and helpful when wanting to enter different margin or markup amounts to each product, to check the figures and decide on sell pricing for each product.
The left side shows the ‘Landed Cost (Ex. Tax)‘. The right side shows ‘Sell Price / Unit (Ex. Tax)’. Users can also understand the ‘Profit / Unit‘, and ‘Total Profit‘ figures per product type. The margin, markup or sell pricing can be changed at anytime, to allow importers to edit and view the live profit figures so they can make decisions on sell pricing.
Users can click to save their landed cost calculations as PDF files.
