Under which expenses to put

This query is : Resolved

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Expenses classified as: cleaning items under general or factory maintenance, scrap sale under sales, LPG under tea or staff welfare, machinery repairs under maintenance expenses, stationery under printing and stationery. Voucher can be purchase or journal based on setup.

SUNNY VERMA

SUNNY VERMA (Querist)
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22 September 2023 I am working in manufacturing company of medicine and want to know under which account head following expenses will go
1. bought soap,dustbin, toilet cleaner, brooms for factory area cleaning
2. sale of scrap of packing material.
3. paid for LPG gas (using for making tea).
4. Purchase items for repair & maintenance of machinery on credit, what will be the voucher type for this. (Purchase 0r Journal)
5. Purchase some stationery on credit, what will be the voucher type (Purchase or Journal)
Please help me out.

RAJA P M

RAJA P M (Expert)
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22 September 2023 No more different effects if purchases through cash or credit.... point number 4 and 5 can be account in purchase or journal. But, basics is You will keep the ledger in correct groups...

RAJA P M

RAJA P M (Expert)
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22 September 2023 1. General Expenses (or Building/Factory Maintenance.... 2. Scrap (Packing Materials ) through Sales.... 3. LPG for cooking under Tea Expenses (may be as Employee Food Expenses) 4. Machinery Maintenance under Indirect Expenses... 5. Printing and Stationery Expenses...

SUNNY VERMA

SUNNY VERMA (Querist)
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22 September 2023 Thanks for reply sir.

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