I create PO's via QBO. When I raise the PO, I only have the cost of goods information. Product A purchase price $10, Product B price $5, etc.
After the PO is sent to the vendor - the overseas vendor prepares and then ships the goods. Post shipment, the vendor sends a DHL invoice for shipping charges.
Now, how do I edit the PO to factor in the shipping costs? I can average the shipping cost per product and then change the cost of each product to accommodate product+shipping cost - but is this the correct and accurate way?
Ideally, I want my final COGS to reflect the cost of the product + the shipping cost to get the product to me = landed cost.