Interchange of direct and indirect cost

MANOHARAN (BRANCH ACCOUNTANT) (39 Points)

24 December 2014  

Dear All

Is Direct and Indirect Cost Interchage acceptable ? 

Ex : 

Dr.    Transport Cost Others 

Cr.         Accrued Expenses 

(Being Dirvers Salary)

Afterwords cost transfer to 

Dr .  Driver Salary  

Cr.   Transport Cost Others 

Is it affect any law , because it is more than 10 Lakhs 

 

Regards

Mano