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+--- Thread: How to calculate net purchases (/showthread.php?tid=2992)
How to calculate net purchases - Checkmated - 03-04-2006
Im a new comer, i want a bit help. Plz can u tell me how to calculate the net purchases.
Purchases - purchases return = net purchases
or
Purchases - purchases return + freight = net purchases.
freight will be added or not??
- Shahbaz - 03-05-2006
Checkmated
Purchases
Add Frieght
Less Purchase Discounts
Purchase Returns & Allowance
------------------------------------
Net Purchases
Angootha Chaap P
- shahzada - 03-05-2006
Freight is a seperate account. this should be included while purchasing of an asset
Imran