Dear sir
Design Service Expenses is it Direct expenses or indirect expenses?
4 Replies
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 21 November 2020
What is the nature of your business
yasaswi gomes
(My grammar is 💯 good I)
(7296 Points)
Replied 21 November 2020
It’s a research cost, not capitalised which means not directly attributable to the asset, so naturally it’s a indirect cost and written off.
yasaswi gomes
(My grammar is 💯 good I)
(7296 Points)
Replied 21 November 2020
If the same design services are carried forward into production, eg, someone designed a wallet and put into production, then and only then it’s capitalised, which means direct costs. Hope this simplifies your query.
just design only - indirect cost
design and production- direct costs
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