External packaging expenses

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1359 Points Posted on 05 January 2023
external packaging expenses is recorded in which account and is it indirect or direct cost ?
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On 05 January 2023 at 21:44 Report
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Quick Summary
This discussion clarifies that external packaging expenses are classified as indirect costs. They are typically debited to the Profit & Loss (P&L) account under the 'Indirect Expenses' group. This helps in accurate financial reporting and cost allocation.

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SEO Sai Gr. Hosp.
212441 Points Posted on 05 January 2023

Indirect Cost..                                        

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On 05 January 2023 at 22:27
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1359 Points Posted on 07 January 2023
Sir
so is it debited to p&l a/c
thanks in advance
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On 07 January 2023 at 14:49
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SEO Sai Gr. Hosp.
212441 Points Posted on 07 January 2023

Yes, under group 'Indirect Expenses'..

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On 07 January 2023 at 15:29

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