Logistics Accounting Overview
• Inbound Logistics Accounting
• Controls transportation costs associated with purchasing items from external suppliers
• Purchase orders, blanket orders, scheduled orders
• GL accruals triggered by purchase receipts
• Outbound Logistics Accounting
• Controls transportation costs associated with the shipment of items from a company location to customers or other company locations
• Sales orders, scheduled orders, distribution orders
• GL accruals triggered by shipments
• Utilizes the sales order freight charges functionality