School accounts


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Quick Summary
When managing school accounts in Tally, competition expenses can be classified as either direct or indirect. The decision primarily depends on your school's Standard Operating Procedures (SOPs). Ultimately, as these are expenses, the classification is flexible and both approaches are acceptable.

(Querist)
28 November 2023 in school accounts, school competition expenses comes under which expenses head in tally direct or indirect

RAJA P M (Expert)
28 November 2023 under Indirect Expenses

18 November 2025 Thats purely based on School SOP's, anyway its an expenses and how school is treated this expenses may be direct or indirect, both is OK.


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