Event Photography Expense

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Dear Experts

We are a Pvt ltd compnay acting as channal partners & distributors fo Mining Equipments & services. We have recently vetured into Mining equipment assembly at our warehouse. For this purpose we carried out photography of the entire assembly process. My question is under which nomenclature these event photography expenses be booked ? These Expenses are meant for our internal training purposes and records

Regards

Shriram Deshpande
 

Replies (4)
(Sorry for the delay...)

You can book it' normally as GENERAL EXPENSES.
But, If the value is huge then it is accountable in Asset head.

Otherwise you can prepare separate ledgers as anyone of below:

->> Advertisement
->> Show Case Expenses
->> Research and Development
->> Other Expenses (Photography for Development)
There is no asset to be installed on behalf of the client in the company.So its generally very pertinent that the equipment are installed and expenses to be booked under seperate reasearch development expenses.
What is Your exact reply Mr Sabyasachi Mukherjee Sirrrrrrrrr...??!

Can You elaborate...???
You elaborate


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