Office car rent


This query is : Resolved 

Quick Summary
When renting an office car on a monthly basis, a key accounting question arises: which expense head should be used? The discussion centres on whether to categorise this cost under 'Vehicle Rent' or 'Operating Expenses'. This decision impacts how the company's financial statements are presented.

(Querist)
12 March 2025 We have take office car on rent on monthly basis then in which head of expenses we have to booked?

12 March 2025 'Vehicle Rent' or 'Operating expenses'..

04 October 2025 Good luck...


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