Introduction
Accounting for freight transportation – Today, accounting is an inseparable matter in every business, which is one of the effective factors in the company’s survival. The most important point in starting any business is to ensure that accounting and financial matters are done correctly.
Freight accounting
Transportation accounting is for companies whose profession is transportation and freight. The transportation and cargo profession, like other jobs, has a variety of monthly expenses, purchases and financial documents related to the issuance of the bill of lading in the accounting of secondary principles of cargo transportation, and it has differences with other jobs.
Transport companies are part of service companies and have their own accounting process. For the accounting of transport companies, first of all, we need to know the process of earning money of that company.
In order to transport customers’ cargo, the transport company asks the drivers to deliver the cargo to the destination. During the process of transferring cargo from the seller’s place to the buyer’s place, a bill of lading must be issued. In the rest of this article, we will explain the transportation accounting software, as well as the description of the program and its types.
Freight accounting software
For this type of accounting, we need a suitable and practical accounting program, which must include the parts of shipment request and bill of lading, storing, accounting, and treasury, which will function as an integrated program and the user can adjust a request for the shipment of the bill of lading. In this bill of lading, the information of the vehicle, driver, origin, destination, cargo owner, recipient, amount of transported goods, transportation costs (driver’s fee, commission, weighing fee, fuel, etc.) must be recorded. The transportation accounting software can issue an accounting document for each bill of lading, in which the driver’s claim, the cargo owner’s debt for the shipping commission, and other cost items are recorded.
General definition of bill of lading in cargo transportation
The bill of lading is a document issued by the shipping company or shipping agent after receiving the goods for transportation. The bill of lading is not a contract for the carriage of goods, but it indicates that a contract for the carriage of goods has been concluded or an agreement to carry the cargo has been made before the issuance of the bill of lading.
There are different types of freight bills of lading:
. Marine bill of lading
- Air way bill
. Land bill of lading
. Railway guide
. Postal receipt
Cargo transportation documents are divided into two groups: Conventional and Special
Conventional cargo transportation documents are:
. Bill of lading
- Advance invoice
. Commercial invoice
- Certificate of Origin
- Packing list or baling
. Test or inspection certificate
- Assurance
- Export certificate
Special cargo transportation documents include:
- Certified list
. Approved list
. Weight certificate
. Consular list
- Product manufacturer’s analysis certificate
- Blacklist certificate
. Health certificate
. Disinfection certificate