Fright charges
This query is : Resolved
19 June 2009
Manufacuring company - their outputs are being transported by a transport company. Bill of that transport company is accounted in the manufacuring company's book under "Freight charges"
Now the manufacruing company bought TATA 407 vehcile to transport the goods. The fuel expenses can be accounted under "Freight"??
Pl clarify
Thanks in advance
Now the manufacruing company bought TATA 407 vehcile to transport the goods. The fuel expenses can be accounted under "Freight"??
Pl clarify
Thanks in advance
19 June 2009
Answer 1:
Freight & Cartage Dr *****
Transporter Cr ******
and TDs to be deducted
Answer 2:
All Expences to accounted under Vehicle / Truck running & Maintenence
Freight & Cartage Dr *****
Transporter Cr ******
and TDs to be deducted
Answer 2:
All Expences to accounted under Vehicle / Truck running & Maintenence
19 June 2009
Sir,
My doubt under what head of expenses the fuel charges that we incur for the TEMPO should be booked.
Pl clear me is it under vehicle running & maintenance? Since it is 100% being used for transporting the company's manufactured goods to their customers. Why it should not be brought under "FREIGHT"
Thanks.
My doubt under what head of expenses the fuel charges that we incur for the TEMPO should be booked.
Pl clear me is it under vehicle running & maintenance? Since it is 100% being used for transporting the company's manufactured goods to their customers. Why it should not be brought under "FREIGHT"
Thanks.
20 June 2009
it should be booked under Direct Expenses group.
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