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+--- Thread: How to calculate net purchases (/showthread.php?tid=2993)
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??
- fatima ca - 03-06-2006
hi
No freight is not included.
ur first option is right.
freight is included in calculation of cost of goods sold.
Purchases are at the value at which they are bought 4om supliers.n valued at the bill.so net purchases = puchases less returns.
- tariq mehr - 03-19-2006
hey,
don't forget the purchase discount.
- Beyond_instincts - 03-19-2006
Salam ALL
i want to know something about karachi university's new programme named Masters in Economics and Finance(MEF). i want to know following
* Syllabus
* Scope
* Globally accepted or not
* Expected job positions
* Reputation
So please tell me something about that.[)]