FIFO cost of goods sold
for wholesale margins
Thin margins leave no room for guesswork. An extra $1 a unit in hidden freight can wipe out your profit, and a cost spreadsheet never sees the order that proves it. Landara costs every order that runs through Shopify first-in, first-out, with freight and duty landed in.
Free tier available. No credit card required.
Why wholesale margins are tighter than you think
You quote prices based on supplier cost plus markup. But that supplier invoice doesn't include freight, duty, or handling, and your customers won't pay more to cover your oversight.
Mixed shipments
One container, 50 SKUs, 15 suppliers. Allocating that $4,000 freight bill fairly is a nightmare.
Duty complexity
Different HS codes, different rates. A 3% duty vs 15% duty can flip a product from profitable to loss-making.
Allocation method matters
Allocate by value? By weight? By volume? The wrong method distorts your costs and your pricing.
Spreadsheet chaos
Manual calculations across multiple shipments. One formula error compounds across your entire inventory.
Wholesale order with 3 SKUs
| SKU | Supplier | Freight | Duty | Other | Landed | Markup |
|---|---|---|---|---|---|---|
| Widget-A (100 units) | $5.00 | +$0.80 | +$0.50 | +$0.25 | $6.55 | +31% |
| Gadget-B (50 units) | $12.00 | +$1.50 | +$0.96 | +$0.45 | $14.91 | +24% |
| Part-C (200 units) | $2.50 | +$0.40 | +$0.38 | +$0.15 | $3.43 | +37% |
If you quoted based on supplier cost + 25%, you'd be underwater on every SKU.
From freight bill to COGS journal
Landara lands the freight and duty into each SKU, costs every Shopify order first-in, first-out, and hands your bookkeeper the journal.
Land the costs
Landara reads supplier invoices and freight bills, then allocates freight and duty across every SKU by value, quantity, weight or volume.
Cost every order
Each delivery of stock keeps its landed cost as a FIFO cost layer, and every Shopify order draws down the oldest first.
Post the journal
A ready-to-post Dr COGS / Cr Inventory journal for Xero or QuickBooks, plus freight bills with the original attached.
Why landed cost accuracy matters
Quote with confidence. Protect your margins.
Quote with confidence
Know your floor price before you quote. Build your margin on top of true landed cost, not supplier price plus a hope.
Spot margin erosion
When freight rates spike or duty rates change, see the impact immediately. Adjust pricing before you lose money.
Negotiate better rates
When you know exactly what freight costs per SKU, you can push back on forwarder quotes with real data.
Books that match the warehouse
Inventory valuation is only as good as your landed cost. Landara runs perpetual FIFO cost of goods sold on your Shopify orders, fed by the landed costs above. Wholesale orders placed outside Shopify are outside what it can see.
Works with your accounting software
Landara posts the COGS journal to Xero or QuickBooks on your command, and publishes freight and customs invoices as bills with the original PDF attached.
Original PDFs attached to each bill in Xero
Learn more about inventory costing
Stop losing margin to hidden costs
Connect Shopify, land freight and duty into every SKU, and get a ready-to-post COGS journal each period. Know your true cost before you quote.
Free tier available. No credit card required.