Additional costs of delivery in the accounting department
They have become a natural part of our everyday lives – the costs for delivery and shipping. What we in the private sector are prepared to pay without consideration in order to enjoy a comfortable delivery, has always been part of the everyday processes in the company. Because every delivery that a company receives is accompanied by delivery costs. We will explain to you here how you can book the shipping costs correctly.
What are the shipping costs?
If the item delivery or shipping cost from us to singapore is shown in an invoice, then you are not only paying the wage and logistics costs of the transport company. Rather, several different components from the expenditure for the delivery are allocated to the item transport costs in the supplier invoice. The transport costs include numerous individual expenses of the supplier, which include, for example:
Packaging material
Transport insurance
Freight charges
Wage costs
Operating materials
How are the shipping costs shown on the invoice?
The shipping costs are part of the service in the invoice. They increase the price you have to pay for a purchased item. Therefore, they belong to the purchased asset in accounting terms. T
his circumstance is also reflected in the form of invoicing. Because the biller adds up the net prices of the goods and the shipping costs in the first step to a total sum, which he shows as net invoice amount. Only then does he add the VAT to be levied to the total net amount of goods and delivery costs incurred in this way. He thus combines the goods and the delivery costs into a single invoice item.
Assignment of shipping costs
Since the shipping costs are part of the goods, they must also be classified in the accounts according to the type of asset delivered. So that you can book the forwarding expenses correctly, you make the allocation first:
Shipping costs that belong to the company’s goods receipt are part of the incidental operating costs. These can be claimed in full as business expenses.
If the shipping costs belong to the assets of the fixed assets, then you also add the transport costs to the incidental acquisition costs.
How can I book shipping costs correctly? – Customer accounting
To correctly post the shipping costs contained in an incoming invoice, you assign the delivery costs to the account with the name Delivery costs. In the chart of accounts SKR 03, the delivery costs account has the number 903800. In the chart of accounts SKR 04, the account with the same name has the number 905800.
Book shipping costs correctly – practical example
Your company receives the delivery of an asset worth 3,000 euros. For the delivery your supplier charges shipping costs of 100 Euro. In total you transfer 3.100 Euro to your supplier. When you make the booking, you enter the transport costs amounting to 100 euros in the corresponding account numbers called Delivery costs in debit.
Booking delivery costs with the supplier
The expenses incurred by your company to transport a delivery or service to a customer are part of the tax-deductible operating expenses. The accounts that belong to your accounting record are called outgoing freight, deductible input tax 19% and bank. The account numbers for outgoing freight are 904730 in SKR 03 and 906740 in SKR 04. The deductible input tax 19% has the number 1576 in SKR 03 and 1406 in SKR 04. The bank account has the numbers 1200 in SKR 03 and 1800 in SKR 04.
Animal Shipping
Anyone who orders something via the Internet usually expects the goods to be sent home. This assumption also applies to online purchases of live animals. Guinea pigs, snakes, fish, etc. cannot simply be sent to the post office, however, because many legal requirements must be met when sending animals.
Shipping regulations for live animals
Whether rodents, reptiles or fish – on the Internet, animal lovers can also buy the new pet, as a previous article on this subject has shown. An important question is how the new roommate gets home, because the four-legged friend cannot always be picked up personally. Living animals are sent therefore ever more frequently.
In general the dispatch of live animals is possible and permitted, but a lot of rules and legal regulations have to be observed. The most important are laid down in the TierSchTrV for intra-German animal shipping and in EC Regulation No. 1/2005 for cross-border animal shipping.
Logisticians and shipping companies offering animal shipping must present a certificate of qualification. Veterinary offices certify that the animal couriers comply with the animal welfare regulations. Among other things, regulations regarding temperatures during transport or the amount of feed that must be taken along must be complied with.
The time periods in which an animal shipment is possible are also fixed, e.g. it is excluded before public holidays or weekends in order to guarantee the return transport of the animal before the end of the Friday or before the beginning of the public holiday in case of a possible non-acceptance of the animal.
