the company I work for charge postage to the customer on the sales invoices. Would this postage be part of cost of sales but then it will be negative or should it be an expense? I'm confusing myself
Example they would charge £400 for a table and we would add £50 onto the invoice as postage. The £400 goes into the Dr A/R and Cr Revenue but the £50 is on the sales invoices also should it go to the cost of sales?