Freight Close

April 2026 freight accrual — $93,530

FreightClose prices what actually shipped using rates calibrated from the carriers' own six months of invoices — not the stale printed cards — proves the method by reproducing those invoices to the cent, flags every assumption, and books one accrued-freight-liability entry that ties to shipment-level backup before invoices arrive.

April accrual
$93,530
Dr Freight Expense / Cr Accrued Freight Liability · net of -$287.03 credit reserve
Confidence range (±1σ)
$85,937–$101,123
From measured monthly rate-index volatility
Accrual bias (6-mo back-test)
-0.2%
Near-unbiased — the accrual neither systematically over- nor under-states the liability
Method proof
±$0.32
Max error reproducing 811 historical invoices · all 8 tie-outs pass

Accrual by carrier

Every figure ties to shipment-level backup; carrier accrual = Σ shipment estimates + credit reserve.

CarrierShipmentsBaseFuelAccessorialsReserveAccrual±1σ bandFlags
Peak Logistics40$26,740$3,744$560-$94.98$30,948$25,198$36,698
Heartland Freight65$34,986$0$750-$109.33$35,627$32,989$38,264
Coastal Express55$23,857$2,266$915-$82.72$26,956$22,756$31,155
Total160-$287.03$93,530$85,937$101,123

Credit reserve is a small credit (≈ -0.3% of invoiced) booked every month from the carriers' historical net-adjustment run-rate (post-billing credits and corrections), so the accrual is not systematically higher than what the carriers eventually invoice. open the exception register in a side panel — or see the full Exceptions tab.

Why calibrate from invoices

The printed rate card is stale in both directions — calibrating from the carriers' own invoices fixes it.

Each carrier applies a monthly rate index on top of its printed card. Peak's printed card runs +24.0% high; Heartland and Coastal run low recently. A static card can't catch either direction — calibrating from invoice history does. The full printed-vs-calibrated table, by carrier, is on Rates, and the engine's out-of-sample accuracy is on Accuracy.

Journal entry — accrued freight liability

Accrue April 2026 outbound freight expense (FreightClose calibrated estimate). Goods shipped in April; the carriers will invoice next month. The freight expense is recognized in the period the shipment occurred and carried as a matching accrued liability until the invoices arrive — a routine month-end accrued expense, not a loss contingency. Reverses on receipt of carrier invoices.

Dr Freight Expense (by carrier) $93,530.38
Cr Accrued Freight Liability $93,530.38
balanced ✓

4 lines · NetSuite-import layout · reverses on receipt of carrier invoices. The full line-by-line entry with the prior period and the month-over-month move is on Journal entries.

Ask FreightClose

Grounded Q&A — every figure is retrieved from the computed run, never generated. Not an LLM; it cannot hallucinate a number.

Answer · source: JE total + carrier summaries

The April 2026 freight accrual is $93,530.38 (net of a -$287.03 credit reserve), booked under Accrued liability — expense recognition (matching principle) as Dr Freight Expense / Cr Accrued Freight Liability.

  • Peak Logistics: $30,948.30 (40 shipments)
  • Heartland Freight: $35,626.57 (65 shipments)
  • Coastal Express: $26,955.51 (55 shipments)

Confidence range ±1σ: $85,937$101,123.