accounts
This query is : Resolved
14 January 2011
Difference b/w Transportation Charges, Freight and Clearing and Forwarding charges
Pls explain me with the help of eg
Pls explain me with the help of eg
CMA Ramesh Krishnan
(Expert)
14 January 2011
Transportation charges & Freight charges one of the same meaning.
Clearing & forwarding is the charges for material cleared at port and give to the material owner,this is charges for assist to clear the formalites in Customs and other auothority
Clearing & forwarding is the charges for material cleared at port and give to the material owner,this is charges for assist to clear the formalites in Customs and other auothority
14 January 2011
thanks sir
but still many of the companies show both the heads in Profit and loss A/c, why is it so can u clear me out.
but still many of the companies show both the heads in Profit and loss A/c, why is it so can u clear me out.
CMA Ramesh Krishnan
(Expert)
14 January 2011
This is need to be considered as Direct Expenses.But treating as Profit & loss a/c based on company accouting policy.
14 January 2011
though the treatment may vary depends on nature of business... as advised by my frnd
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