BG commission


This query is : Resolved 

27 May 2008 I have taken a Bank Gurantee for 2 years for submission to our client office. I want to know that BG commission for 2 years accounted once a time or prepaid
BG commission basis. please advise me.

Thanks

27 May 2008 if amount is material enough, distribute period wise and create prepaid exp., otherwise write off in full in first year.

27 May 2008 Yes that is the right approach.


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