I have A Motor Car & Motor Cycle but both are registered under my group company name. Just want to know if there are Repair & Maintenance expenses of these so how I keep record , *Expenses Name*
please help me.
Thanks,
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Quick Summary
This discussion addresses the proper recording of repair and maintenance expenses for company-owned cars and motorcycles registered under a group company. Participants are seeking guidance on how to track these costs and where to categorise them in the Profit and Loss account, specifically considering potential issues during financial consolidation.