Logistics Knowledge Center
Explore our verified library of Logistics transactions. Every entry is reviewed for IFRS compliance and real-world accuracy by our technical accounting team.
Replenishing Fleet Fuel Cards
Recording the top-up of prepaid fuel cards (like Total or JoPetrol) for a fleet of delivery trucks.
Warehouse Pallet Rental Expense
Recording the monthly cost of renting wooden/plastic pallets for storage.
Port Demurrage & Detention Fees
Recording the penalty fees paid to a shipping line for delayed container return (common in Aqaba/Jebel Ali).
Freight Revenue Recognition (Bill of Lading)
Recording revenue for a shipment once the goods have been delivered or the contract terms are met.
3PL Monthly Storage Fees
Charging a client for warehouse space used during the month based on pallet count or square footage.
Recording Actual Fuel Usage
Moving the cost of fuel from the prepaid fuel card to the operating expense account based on actual consumption.
Outsourced Freight (Sub-contractor)
Recording the cost of hiring a third-party driver or carrier to fulfill a customer order.
Customs Duties (Agency Pass-through)
Recording the payment of government duties on behalf of a client.
Goods-in-Transit (Marine) Insurance
Recording the insurance premium for a high-value international shipment.
Terminal Handling Charges (THC)
Recording the fees paid to a port authority for loading/unloading containers.
Fleet Tyre Replacement (Component Accounting)
Recording the bulk replacement of truck tyres which will last for more than one year.
COD Collection (Last Mile Delivery)
Recording the cash collected from a customer at the door on behalf of an E-commerce vendor.
Truck Detention Fees (Customer Delay)
Charging a customer for keeping a driver waiting at the loading dock past the free-time limit.
Warehouse Shrinkage (3PL Responsibility)
Recording a loss when the warehouse loses or damages a client's inventory.
Major Engine Overhaul (Capitalization)
Recording a significant engine rebuild that extends the truck's life by 5 years.
Highway Tolls & Weighbridge Fees
Recording the daily cash/tag costs for road usage and weight compliance.
Fulfillment Labor (Picking & Packing)
Recording the direct labor cost associated with preparing 3PL orders for shipment.
Shipping Line Container Deposit
Recording a refundable deposit paid to a shipping line to take a container out of the port.
Deadhead / Empty Repositioning
Recording the fuel and labor cost of moving an empty truck to a new pickup location.
Cold Storage (Reefer) Electricity Accrual
Recording the estimated high-power utility cost for temperature-controlled warehousing.
Fleet Accident Insurance Claim
Recording the expected reimbursement from insurance after a truck accident.
Freight Forwarding Commission
Recording the fee earned for arranging transportation without touching the goods.
Telematics & GPS Subscription Fees
Monthly fee for fleet management and tracking software.
Documentation & BL Fees
Recording revenue for preparing shipping documents and Bill of Ladings.
Annual Heavy Vehicle Road Tax
Paying the annual government registration fee for a commercial truck.
Depreciation of Warehouse Racking
Annual depreciation of the specialized steel structures used for pallet storage.
Monthly Container Lease Payment
Recording the cost of renting shipping containers from a leasing company.
Fuel Surcharge (Revenue)
Charging the client an additional variable fee to offset rising diesel/bunker prices.
Freight Claim Subrogation
Recording the recovery of a damage claim from a sub-contractor's insurance company.
LCL Consolidation (Margin Accounting)
Recording the revenue from 'Less than Container Load' clients versus the 'Full Container Load' cost paid to the ship.
Bonded Warehouse (Deferred Tax Tracking)
Tracking the potential VAT/Duty liability for goods held in a bonded area (Memo Entry logic).
Intermodal Drayage (Short-haul)
Recording the cost of moving a container from a ship to a rail yard (Drayage).
Bunker Adjustment Factor (BAF) Surcharge
Recording the oceanic fuel surcharge (Bunker) charged by the shipping line.
Reverse Logistics (Returns Handling)
Recording the service fee for processing a returned E-commerce item.
Cargo Lien (Bad Debt Defense)
Reclassifying client inventory as a 'Lien' asset when the client fails to pay freight charges.
Demurrage Income (Company-Owned Containers)
Revenue earned by a container leasing or shipping line when a client keeps a container too long.
Ship Chartering (Time Charter Payment)
Recording the massive pre-payment for 'renting' an entire ship for 30 days.
Cross-Docking Service Revenue
Recording revenue for moving goods directly from an incoming truck to an outgoing truck without storage.
Reefer Monitoring (Cold Chain)
Charging for the specialized labor of checking temperatures on a cold-storage container every 4 hours.
Empty Container Depot Storage
Charging a shipping line for storing their empty 'empties' in your yard.
General Average Contribution (Maritime Law)
Recording a liability when a ship's captain sacrifices cargo or incurs extraordinary expense to save the vessel.
Canal Transit Tolls (Suez / Panama)
Accruing the massive fees required for a vessel to pass through a major international canal.
Fuel Price Hedge (Derivative Adjustment)
Adjusting the fair value of a fuel swap contract used to lock in diesel or bunker prices.
DDP Sale (Duty Paid Recognition)
Recording a sale under 'Delivered Duty Paid' where the seller is responsible for import taxes.
Stevedoring & Shore Handling Fees
Recording the cost of specialized dock labor used to load/unload a ship.
Maritime Salvage Award (Revenue)
Recording revenue earned for assisting a vessel in distress at sea.
Carbon Emissions (ETS) Liability
Accruing the cost of carbon credits required for international shipping emissions (EU ETS logic).
Project Logistics: Mobilization Fee
Recording the cost of moving specialized heavy-lift cranes to a job site.
Port Agency Disbursement (D/A)
Handling funds provided by a ship owner to an agent to pay for port expenses.
Reverse Factoring (Supplier Payment)
When a bank pays a logistics sub-contractor early on behalf of the main company.
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