Carriage In

sage4me

Hi all,

Studying IATI and reading in the stock chapter that if carriage in will be considered part of cost of sales ... So if we get goods from China, (Which we do alot) and then have to pay a transport company seperate to bring them from the Port to our stores and it might cost 320.00 for transport - do I put the invoice for transport in sage under the nominal code 5000 (purchases) ? I would have thought it goes under 7100 carriage - or is that just carriage out ?

Thanks for your help.

DoMyBooks

It depends on the way sage is set up.

If you go into the nominal module in sage and ensure the little dropdown on the right says "Layout - Analyser"

If you click on the plus beside direct expenses there could be a carriage inwards in there. If not you can add it in.

I hope that helps.

sage4me

Hi Domybooks,

Yep, had a look at where I have been putting it and low and behold, it is in purchases as 5100

And yep, I have been putting the carriage outwards through 7000's.

Its amazing what you learn when you actually open the books and study