Accounting treatment in case of quarantine

250 views 5 replies

Foreign technicians will be undergoing mandatory quarantine at hotel ..at times costs at actual or a lump sum is to be paid besides man day based fees at site.

What about AS on treatment of quarantine cost, not directly attributable to site and shop order but per Govt guideline.

Please guide.

Replies (5)
If company has paid then book it as medical or hospitalization exp
There is no seperate accounting guidelines for quarantine or others.
Apportion it to

Medical
Hospitalization
Hotel etc
Not accepted.

Ambiguity prevails. Seeking experts intervention

 Please guide

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