Bank Charges of what nature will form part of Administrative overheads for costing purposes
yusufsahibmaricar
(Office Manager Cum Accountant)
(40 Points)
Replied 20 October 2012
Jyoti
(Cost Accountant)
(60 Points)
Replied 22 October 2012
Mostly bank charges will form part of Finance expenses in costing.When can we consider it under administrative expenses?
Kazi Md. Sazzad Ali
(Senior Articled Student)
(30 Points)
Replied 11 November 2012
Dear
We generally know , Bank charge is financial expenses but as logically it is a administrative expenses (CD A/C. , S/B A/C. - Charge).
CAclubindia
