does freight prepaid mean fob shipping point
It is important to note that under FOB shipping point terms, when the freight has been prepaid by the seller, the buyer does not include the amount of freight when calculating cash settlement discounts on the invoice.
FOB shipping point. Terms indicating that the buyer must pay to get the goods delivered. (The buyer will record freight-in and the seller will not have any delivery expense.) With terms of FOB shipping point the title to the goods usually passes to the buyer at the shipping point.