When we do internet recharge of reliance dongle at our site office, under which head should be entered in indirect expenses ????
Pls reply.
You can take it as internet charges.....
it can be booked as DATA PROCESSING CHARGES. or simply DATA CHARGES
You can also book it under "Telephone & Internet Expenses" under Indirect Expenses head.
If its for office use only then book it under "telephone and communication expenses" under INDIRECT EXPENSES..
if its for anyones personal use..then "Staff Welfare expenses" may also be debited..hardly makes any difference..
Unless provided otherwise internet in office is meant for official purposes and should be booked 'Telephone and Internet Expenses. All administrative and sales expenses are indirect expenses hence, it is an indirect expense.
I am attaching a link her for your kind feedback:
https://www.youtube.com/user/jbsclasses
Telephone and Internet Charges.
| Originally posted by : raunak | ||
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If its for office use only then book it under "telephone and communication expenses" under INDIRECT EXPENSES.. if its for anyones personal use..then "Staff Welfare expenses" may also be debited..hardly makes any difference.. |
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As it specifically mentioned Internet recharge then it should be debited to : Telephone & Communication Charges Expenses.
Communication cover every head of communication by way of telephone or Internet expenses and so on.
Thanks.
Fax and Internet Charges Under Administrative Expenses Under -Indirect Expenses .
Internet connection of Railwire net & installation of Power Beam should be treated as Internet exp.(indirect exp.) or should be treated as capitalized expenditure.Please guide me.
It can be recorded as internet expenses in P/L a/c
Telephone and Internet Charges under Group Administrative Expenses under indirect Expenses
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