What is Carriage Inwards? 🤔
Imagine you’re throwing a grand party 🎉, and you need to buy a gazillion cool things! Now, all these goodies need to be delivered to your venue. Those delivery costs, dear reader, are what we call Carriage Inwards in the world of accounting.
Not only a delivery Champ, Carriage Inwards makes sure that the cost of all those fabulous purchases is included in the total party bill (a.k.a. the cost of goods purchased)! 🛍️