Set
Up and Enter Freight Charges
How Do I...
If you charge freight to your customers for shipping items, you must
set up certain defaults before using the Freight
Amount field in the sales transaction windows.
To set up freight charges
Use this procedure to set up the default G/L account that will be credited
when you charge freight on invoices and set up sales taxes to handle freight
charges (if applicable).
- From the Maintain
menu, select Default Information,
and choose Inventory
Items. Sage 50 displays
the Inventory
Item Defaults window.
- Select the GL
Accts tab.
- At the bottom of the tab, enter or select the
default G/L account that should be credited when you record freight charges
that your customers should pay (for example, Freight Expense).
-
When you are finished, select OK
to close the window.
If you are required to add sales tax to any freight charges that
your customers pay for shipping services, you must also set this up. If
not, skip the setup steps below
- From the Maintain
menu, select Sales Taxes.
- If you must create a new sales tax ID, select Set up a new sales tax, and follow the steps of the wizard. Tell me more about setting up a new sales tax. If you are editing an existing sales tax ID, select Edit an existing sales tax or sales tax agency and follow the steps of the wizard. Tell me more about editing an existing sales tax ID.
Apply freight charges to invoices
- In the
Quotes, Sales
Orders, or Sales/Invoicing window, enter the appropriate
freight charge in the Freight Amount
field.
Note: If you need
to record freight charges separately for purchases, you can set up the
freight as a non-stock item
in inventory. You must have a Cost of Goods Sold-type account to
apply the freight to. When you purchase freight charges, the cost is debited
to your cost of goods sold account. You could feasibly use this later
as a reimbursable expense
for jobs.
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