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How to make accounting entries for the freight of purchasing materials for enterprises?
The purchasing department will generate corresponding freight when purchasing raw materials. When the company pays the freight for purchasing materials, it is generally included in the cost of purchasing materials. How to make specific accounting entries?

How to write the accounting entry of freight for enterprise purchasing materials?

The freight generated by procurement is generally included in the cost of raw materials:

Borrow: raw materials (original price+freight)

Taxes payable-VAT payable (input tax)

Loans: bank deposits

Related accounting entries of purchased materials

1. The materials haven't arrived at the warehouse yet and are still on the way;

Debit: materials in transit

Taxes payable-VAT payable (input tax)

Loans: bank deposits, etc.

2. After the materials arrive, they shall be accepted and put into storage:

Borrow: raw materials

Lending: materials in transit

3. The payment has not been paid, and the materials have been accepted and put into storage:

Borrow: raw materials

Taxes payable-VAT payable (input tax)

Credit: accounts payable

4. When the materials arrive at the end of the month but the documents are not received, they shall be accounted for according to the provisional valuation value:

Borrow: raw materials

Credit: accounts payable-estimated accounts payable

5. At the beginning of next month, the original accounting entries will be written off in red:

Borrow: raw materials (red amount)

Credit: Accounts Payable-Estimated Accounts Payable (red amount)

6. After receiving the invoice bill:

Borrow: raw materials

Taxes payable-VAT payable (input tax)

Loans: bank deposits, etc.

What are the actual costs of purchasing materials?

The actual cost of purchasing materials by enterprises includes the purchase price; Foreign freight and miscellaneous expenses (including transportation, loading and unloading, insurance, packaging, warehousing and other expenses); Reasonable losses in transit; Sorting and sorting expenses before warehousing (including labor, expenses and necessary losses during sorting and sorting, deducting the value of recycled waste); Local transportation and miscellaneous expenses of bulk materials; Taxes payable by the buyer according to regulations and customs duties payable on imported materials.