Empress Guide: Streamlining Freight Charge Calculations

Guides & Tutorials
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Introduction

One of the significant features in Empress is the ability to calculate freight forwarding charges as a tax rate. This feature is critical for businesses that regularly ship goods or services. It helps you account for freight forwarding charges in your tax calculations, ensuring that your company’s financial records are accurate and comprehensive.

Understanding the Feature

The Freight Forwarding Charges feature allows you to create a ledger for these charges in your Taxes account or use the GST tax account for the calculation. It provides an easy and effective way to calculate freight charges associated with your business operations. With this feature, you can easily view, edit, and track your freight charges information.

How to Utilize the Feature

Here are the steps to use this feature:

  1. Create a Ledger for Freight Charges: The first step is to create a ledger specifically for these charges in your Taxes account. This can be done from the Chart of Accounts section in Empress.

  2. Create a Freight and Forwarding Item: Once the ledger is set up, the next step is to create an item named Freight and Forwarding. This item will serve as a placeholder for the charges that need to be calculated.

  3. Generate a Purchase Invoice: Finally, you need to generate a Purchase Invoice for each supplier and add the Freight and Forwarding item. This action will calculate the taxes related to the freight. You can set the freight tax based on either the Net total or the Item Quantity, depending on your company policy.

User Roles and Permissions

In terms of user roles and permissions, only users with access to the financials and tax sections in Empress can create ledgers and items and generate purchase invoices.

Conclusion

In summary, the Freight Forwarding Charges feature in Empress greatly simplifies the process of calculating freight charges as a tax rate. It not only ensures accurate tax calculations but also aids in streamlining your business operations. For further assistance or inquiries, feel free to reach out to our support or check out additional resources in our Help Center.