Freight Management describes the features within NorthScope for managing the accrual, payment, and variance accounting of delivered freight charges on Sales Order and/or Transfer transactions. The process includes: - Accruing expected freight expense on Freight Legs on Sales and Inventory Shipments.
- Automated creation of one or more Freight Purchase Order.
- Processing freight bills thru A/P that post the freight variance create the vendor payable, debit accrued freight amounts, calculate & post any freight variances to the General Ledger, and close the Freight Purchase Order Order.
- Analysis of freight variances and reviewing the details within the freight subsidiary ledger.
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