ACCOUNTING FOR LOGISTICS SERVICES AND COST CALCULATION

Abstract

This article examines the role of accounting in logistics services and the importance of accurate cost calculation in modern logistics operations. Transportation, warehousing, inventory management, and distribution processes are all part of logistics, a crucial aspect of business operations where efficient cost control is necessary to boost productivity and competitiveness. The paper examines several costing strategies employed by logistics service providers, including both conventional and contemporary approaches like activity-based costing and multi-level cost allocation models. The study emphasizes the significance of precisely allocating both direct and indirect costs and examines worldwide literature on logistics cost management. The results demonstrate that sophisticated costing systems enhance managerial decision-making, increase transparency, and assist in determining the actual cost of logistical services.