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What are the differentiate freight-in from freight out?
Frieght in is when paid at time of goods purchased while freight out is when paid at the time of sales of products.
What is the journal entry for Freight paid in full with a check?
freight a/c dr to cash
What is the difference between freight payable as per charter party with freight prepaid?
As to freight paid as per charter-party it generally mean that freight is payable at the rate mentioned in the charter-party. So the difference is that advance freight is the freight paid in advace and freight paid as per c/p is a phrase in B/L (bill of lading) referring to rate and way of payment of freight (i.e. to which bank, by money transfer or in cash, within how many working days, etc.)
What is meant by FCCOD?
FCCOD means freight charges collect on delivery. In other words, the freight bill needs to be paid when the goods are delivered. It is similar to COD but it is only for the freight or delivery charge.
Who pays bill of lading?
The collect billing of lading is paid by the consignee at the destination. In case the freight is moved through a freight forwarder, the goods will be collected by the freight forwarder at destination after paying the freight charges. The same will then be billed to the consignee at destination.
What is freight prepaid?
means it 'll be paid by the consinee before being shipped
Do truckers get paid for weight?
Truckers do not get paid by weight they haul. The drivers are paid by the miles they drive. However, if a trucker is the owner and operator, he may get paid by the companies he delivers for, meaning he WOULD get paid for weight of freight.
What does a ups freight road driver get paid?
26.15 hourly,or .65 a mile and .68 for teams
Which of the following items will increase inventoriable costs for the buyer of goods?
freight charges paid by the buyer
The Freight Broker has no bond to file a claim against How do you get paid then for a load of freight you pulled?
At first look I would say you dont. Did you check their authority and bond status beforehand?
What documents does a freight broker need from the carrier?
Before you haul freight for them ...company info including mc and dot number , w9, insurance certificate of liability showing them as the certificate holder, most will get you to sign a freight broker agreement.After you haul for them a signed bill of lading with no exceptions such as freight short or damaged in order to get paid.
How much do truckers get paid per mile?
Depends on their experience, company, type of freight they haul, and method by which they're paid (mileage, percentage, hourly, salary, etc.).
