PEST CONTROL ACCOUNTING

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This discussion clarifies the accounting treatment for significant material purchases and services related to pest control. The advice given is to treat these costs as revenue expenditure, debiting them directly to the Profit & Loss account. This approach ensures that the expenses are recognised in the period they are incurred, reflecting the operational costs of the pest control work.

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(Querist)
28 October 2024
IN A ONE YEAR MATERIAL PURCHASE OF PEST CONTROL WORK 2500000
AND PEST CONTRL SERVICES 9000000

MATERIAL USED FOR PEST CONTROL SERVICES

HOW TO DO ACCOUNTING
MATERIAL CONSUMED IN THIS PEST CONTROL WORK
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
29 October 2024 Consider it as revenue expenditure & debit it under P&L acc.
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ABHI KUMAR

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ABHI KUMAR (Querist)
29 October 2024 RESPECTED SIR PLZ CLEARFIY IN DETAILS IF POOSIBLE
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
29 October 2024 Dr. pest control work (material + labour)
Cr. Bank
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