Def - Freight Management

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:

1. Accruing expected freight expense on Freight Legs on Sales and Inventory Shipments.
2. Automated creation of one or more Freight Purchase Order.
3. Processing freight bills thru A/P that create the vendor payable, debit accrued freight amounts, calculate & post any freight variances to the General Ledger, and close the Freight Purchase Order.
4. Analysis of freight variances and reviewing the details within the freight subsidiary ledger.