What is a Wrap Fee?
Packaging expenses refer to the various expenses incurred by commercial storage and transportation companies in handling goods packaging, reinforcement, assembly, modification, bundling, and packing. It mainly includes the value of packaging materials consumed and various expenses paid by the organization and management.
Packaging costs
Right!
- Chinese name
- Packaging costs
- Foreign name
- Packaging costs
- Nature
- Economic terms
- Be applicable
- enterprise
- Packaging expenses refer to the various expenses incurred by commercial storage and transportation companies in handling goods packaging, reinforcement, assembly, modification, bundling, and packing. It mainly includes the value of packaging materials consumed and various expenses paid by the organization and management.
- In the accounting of commercial storage and transportation enterprises, the packaging business department with independent accounting uses the packaging expenses account instead of the storage and shipping expenses account to calculate its packaging expenses, and adds a packaging and finishing expenses secondary account to account for the consumption of replacement materials The higher level unit compiles the fee schedule into the "Storage Fee" secondary account in the "Storage and Freight" account. For storage enterprises and transportation companies that also run packaging business, their packaging costs are accounted for in the "storage and freight" account, and multi-column account pages are used to account for various business costs. For those companies that have not formulated a standard for charging and packing and only charge labor costs, the cost of replacement materials shall be accounted for in the "accounts receivable" account.