Diwali sweets purchased

a coaching institute give its students sweets on diwali under which head it will be recorded
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Quick Summary
This discussion explores the correct accounting classification for Diwali sweets given to students by a coaching institute. Participants debate whether it should be logged under 'Festival Celebration' or 'Direct Expenses'. The consensus leans towards treating such perks as direct expenses, acknowledging their potential to boost productivity.

Festival celebration ..... Under direct expenses

 

Direct expenses? All founders have blind faith on their employees that perks will increase productivity. But it works for many companies it seems. So book mark perks as a direct expense. Txs

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