Ken,

They are correct...those expenses are part of the landed cost. Whether or not it is significant enough (worth the effort) to roll into the cost of the individual items is another story. But no matter how you slice it, those costs probably should eventually land in the COGS section of the income statement, even if it as a separate line item.

>Hi All,
>
>Since I jumped in on an earlier thread with the attitude of "what can be so hard about an accounting module?" it is time to eat a little crow and ask an accounting question. < g >
>
>We have a client that wants our Purchase Order form to accumulate and allocate freight and other aquisition related expenses to the cost of materials in inventory. Is that proper? So far we have maintained that those are overhead expenses and although you may want to consider them when setting sales prices, they should not be rolled into the cost of goods sold.
>
>Any thoughts?
>
>Thanks,
>
>Ken