Logistics
Warehouse Shrinkage (3PL Responsibility)
Recording a loss when the warehouse loses or damages a client's inventory.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Inventory Loss Claim Expense | Expense (+) | 400.00 | - |
| Payable to Client | Liability (+) | - | 400.00 |
💡 Accountant's Note
In 3PL contracts, the warehouse is liable for inventory accuracy. If items are missing, the warehouse must reimburse the client at cost.
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