I searched and found a few posts on this already - is there any way to get the nominal codes changed to reflect easier the difference and avoid incorrect tagging. seems like plenty of people would agree.
‘If you just have Carriage and Postage & Carriage the former is a cost of sales and the latter an overhead.’
would just be easier if one was
Carriage - Incoming ( so it goes into cost of sales)
Postage and Carriage - outgoing ( so it is an expense )
or anything similar…
dont think it has any bearing on HMRC or tax? but it does change operating profit figures…