Freight-in is recorded as part of the inventory, whereas freight-out is often recorded as a selling expense.
The cost of transportation incurred when products are delivered from a supplier to a receiving entity is known as freight-in. The recipient increases the cost of the received products by this sum for accounting purposes.
The cost of shipping when receiving products from a manufacturer or supplier is referred to as a freight-in expense.
The price of shipping finished goods to a client is known as freight-out. Freight-out, which is paid by the seller rather than the buyer, refers to the price of freight charges incurred to transport items sold to clients. Delivery expense or freight-out is the term used when the seller covers the transportation cost.
In contrast to freight-out, which is frequently documented as a selling charge, freight-in is recorded as a component of the inventory.
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Freight-in is recorded as part of Inventory , whereas freight out is often recorded as a selling expenses.
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