Topic: Payment against Supplier Invoice for GL costs of goods sold
In my business I purchase goods for resale from suppliers and sell to customers. Besides the cost of inventory, I allocate costs to the cost of goods sold account. On the purchase order, the supplier is Joe's Supplier. Below is an example of the GL items added:
Code Item # of items Cost per Item Total Cost:
5000 Cases 40 $50 $2,000 (using an inventory item)
(added GL items on the Purchases / Supplier invoice page):
Customs Broker $250
Fed Import Tax $96
Local Freight $100
When I allocate a $2000 payment on the Supplier invoice, it decreases the Payable amount but leaves a balance of the total of the GL amounts. These services and taxes should not be payable to the supplier of the inventory.
How do I account for paying these amounts?
Do I use the Payment link on the Banking and general ledger page?
If I do use the Payment link, do I debit the payment to accounts payable, or directly to the cost of goods sold account?