Topic: Can shipping/freight contribute to Cost of Goods Sold?
Is there any way to associate freight costs of a supplier purchase with the COGS of items within that purchase?
For example, buy 10 items at $10 each, but shipping costs $20, so COGS should = $12 per unit.
From what I understand in a previous post (https://frontaccounting.com/punbb/viewtopic.php?id=1440) this is not possible, but want to make sure it's still the case. And if it's not possible, can anybody explain to me what the user 'sannyferns' means in this previous post (6th post). He apparently has a work around to the issue, but I don't quite understand it.
For me, the work around would be entering a unit cost of $12, or whatever it is next time, into FA. But this has the disadvantage of having to predetermine the COGS outside of FA each time a suppler purchase is made, as well as loosing the ability to record purchasing prices in FA (since they are now item+S&H prices).