Logistics
Outsourced Freight (Sub-contractor)
Recording the cost of hiring a third-party driver or carrier to fulfill a customer order.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Purchased Transportation Expense | Expense (+) | 1,800.00 | - |
| Accounts Payable: Carrier | Liability (+) | - | 1,800.00 |
💡 Accountant's Note
In 'Asset-Light' logistics, the company bills the client $2500 and pays a sub-contractor $1800, capturing a margin on the coordination.
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