25 March 2009
Can anybody explain concept of freight inward & freight outward. How Freight paid on material sent directly to site and not bought to factory will be classified i.e inward or outward freight.
25 March 2009
When material brought to factory or sent to site for use, the freight paid is freight inward.. Where as when freight paid for delivery of finished goods is called freight Out ward.
Freight incurred to send Material to site directly is freight in ward .
CAclubindia
