QuickBooks POS: Record Vendor Shipping Cost

Today we are going to talk about receiving your inventory and then also adding on the shipping charges from your vendor. Often times you don’t know what the shipping charge is when you’re making the order and you might not see it until you either get a packing slip. Let’s begin:

1. Go to “Receiving Vouchers”.
2. Choose a vendor and item. For example, “Electronics vendor” and the item is “Circuit Board”.
3. On the blue buttons select “Discount/Free/freight”.

1. Freight is the shipping fee. So, for example, we put $13 as our freight.

1. It will actually divert this $13 expense into your shipping account in QuickBooks accounting. This is how it’ll keep track of it.

1. If you want to put your Freight into Cost of good.
2. In this screen freight is not yet included.

1. If you check “Spread discount, freight and fee” your freight will automatically add to Voucher cost.

1. You have now put your freight to Cost of Good.

Original Article: https://blackrockbusiness.com/quickbooks-pos-record-vendor-shipping-cost/?feed_id=1094&_unique_id=6186751e1e953