Logistics
LCL Consolidation (Margin Accounting)
Recording the revenue from 'Less than Container Load' clients versus the 'Full Container Load' cost paid to the ship.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable (Multiple Clients) | Asset (+) | 5,000.00 | - |
| Freight Cost (FCL Buy Rate) | Expense (+) | 3,500.00 | - |
| Freight Revenue (LCL Sell Rate) | Revenue (+) | - | 5,000.00 |
| Accounts Payable (Shipping Line) | Liability (+) | - | 3,500.00 |
💡 Accountant's Note
This is the core profit model for Freight Forwarders: buying a whole container space and selling it in 'slices' to small shippers.
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