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Tally Entry for packaging material

This query is : Resolved 
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(Querist)
18 February 2024 Packaging material such as wooden box / crate, Film, bubble roll, etc purchased comes under which head under direct dor indirect expense?
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
18 February 2024 Indirect expenses
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RAJA P M

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RAJA P M (Expert)
18 February 2024 @Elbin,

What is Your business as per Your query...??! Is that Trading or Manufacturing...??



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Elbin

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Elbin (Querist)
19 February 2024 @ Raja Manufacturing of Machines
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RAJA P M

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RAJA P M (Expert)
19 February 2024 If mfg then account the said packing materials under DIRECT EXPENSES.
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Elbin

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Elbin (Querist)
19 February 2024 Okay & what will be the head if the company is doing both manufacturing+ Retailing?
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RAJA P M

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RAJA P M (Expert)
19 February 2024 Under DIRECT EXPENSES....
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
19 February 2024 Packing material used for what purpose??



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Elbin

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Elbin (Querist)
20 February 2024 for packing sale related materials
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
22 February 2024 Show it in indirect expenses as it is used for sale

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