The business owner struggles to accurately record all import-related costs in Tally Prime to determine the true landed cost of imported goods.

Workarounds Described

• Manually entering multiple separate purchase vouchers for each cost component
• Using separate expense ledgers for costs that should be part of stock value
• Manual exchange rate entry for forex transactions
• Consulting CA for final review without day-to-day guidance

Implied Software Gaps

• Automated cost allocation system that links all import expenses to specific stock items
• Integrated forex management with automatic revaluation of payables
• Import-specific compliance tracking for customs duties and GST/ITC
• Step-by-step guided workflow for complex import accounting entries

ImportCost Pro

ImportCost Pro is a specialized accounting add-on for import businesses that automates landed cost calculation and compliance tracking. It seamlessly integrates with Tally Prime to allocate all import expenses—customs duties, freight, CHA charges, and transportation—directly to stock items, ensuring accurate per-unit cost and simplified GST/ITC management.

Existing Solutions Mentioned