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Wages and salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2014 can i create a salary expenses ledger for both worker(who are directly associated with productio) and employee(who are not directly associated with production)

19 November 2014 It is better to keep it in separate set of registers.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2014 bt sir i already made lots of voucher of salary expenses which are related to direct production.......so sir can i give effects of both these says wages and salary of professional into salary payment voucher???




19 November 2014 If you have already done it, let it be. Henceforth at least start preparing it in separate registers.

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Querist : Anonymous

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19 November 2014 yea sir i will start it...bt sir is it wrong to make both in salary payment?

19 November 2014 Can not say WRONG. But from DISCLOSURE view point (which is the soul of ACCOUNTANCY), it is improper to show both together.

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Querist : Anonymous

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19 November 2014 thnx a lot sir...

19 November 2014 You are welcome.
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Querist : Anonymous

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19 November 2014 thnx a lot sir...so i have to prepare two separate ledger says salary payment and wages payment....

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Querist : Anonymous

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19 November 2014 thnx a lot sir...so i have to prepare two separate ledger says salary payment and wages payment....

19 November 2014 Yes, that is always better.

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Querist : Anonymous

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19 November 2014 supervision cost says supervisor or other techinician is it under wages payment??




19 November 2014 That will go to Factory Overheads.

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Querist : Anonymous

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19 November 2014 can i takes it under indirect expense group?

19 November 2014 yes. You can take it under indirect expenses




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Querist : Anonymous

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19 November 2014 thnx sir to solve my all the query..

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2014 suggest me account keeping related books which helpful for me to write account of company preciously



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