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Packaging & Printing cost of a Restaurant / Catering industry

AS 1283 views 3 replies
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Manager Finance & Admin
54 Points Posted on 04 December 2021

For a Restaurant/Catering Industry, what should be the accounting head to charge the cost of Packaging items & Printing cost of Packaging items

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On 04 December 2021 at 21:15 Report
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Managing Partner at TAXounting
8742 Points Posted on 04 December 2021
Packing Charges under indirect expenses (Selling Expenses)
31 Reply
On 04 December 2021 at 22:32
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GST Practitioner & Accounts
15083 Points Posted on 05 December 2021
Under Indirect Expenses in Profit and Loss Account . Normally service Industries don't have Direct Expense , most of the Manufacturing Industries having Direct Expense , So restaurant is service providers , almost all expenses should go in Indirect Expenses .
24 Reply
On 05 December 2021 at 07:31
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Profession Business
28196 Points Posted on 05 December 2021
Packaging cost form part of indirect overhead(expenses). /Selling expenses.
44 Reply
On 05 December 2021 at 13:03


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