company has incurred expenses for putting its brand label on the product packed.i want to know under what head the expenses should be included,whether undere printing & stationary or under Labeling charges under direct expenses.
company has incurred expenses for putting its brand label on the product packed.i want to know under what head the expenses should be included,whether undere printing & stationary or under Labeling charges under direct expenses.
i thinh company incurrers such exp daily as it in d process of selling. so they may b treated as selling exp and charged to p&l . so if wrong
LABELLING CHARGES.
thanks sampath garu . if u dont mind, i need an explanation
thanks sampath garu . if u dont mind, i need an explanation
It should be included in the head of Labelling Charges..............
as per my view, you can treat it as labeling charges or Packaging charges under the head of direct expenses.
should be under labelling charges.....printing and stationery is something different...this is a direct expense.a part of packaging..
It should be posted under labeling expenses. Which comes under purchase. You can also claim vat , which was levied on bill.
labeling expemses under the group direct expenses
| Originally posted by : future ca | ||
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labeling expemses under the group direct expenses |
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Yes it should be labelling expenses under direct expenditure.
| Originally posted by : future ca | ||
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labeling expemses under the group direct expenses |
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SSGS and Associates
Chennai
CA Inter
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CAclubindia
