frieght raw material
This query is : Resolved
17 March 2010
Can we debit the charges for labour for shifiting & housekeeping for fg,rm to frieght rawmaterial account?is there no account avialable for this except for this?
17 March 2010
The labour for shifting of RM and Housekeeping of any stores should not be charged to the stores account. It is an indirect expense connected with the process of manufacture / store maintenance. You may account the entire expense as indirect labour expense.
17 March 2010
so can we debit the expense to frieght rawmaterial a/c?
17 March 2010
The charges are for labour and not freight. I belive, they should be booked only to the labour head.
17 March 2010
bt in one of our client they have a practise of debiting to fright rawmaterial?
18 March 2010
ok thanks a lot.
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