Dear All,
Plz let me know under what account head, vehicle wieghment bills, to be accounted? Under Transportation or under Vehicle Maintenance ?
Thank u all
Ajay Singh Bhati
(Manager (Accounts))
(215 Points)
Replied 21 March 2013
You didn't mention whether it is related to your direct purchase cost or any kind of distribution cost. If your company pays Vehicle Weighment charges on regular basis, i.e. you are some kind of supplier and pay it on regular basis, you can create a separate head named "Vehicle Weighment Charges" under Indirecct Expenses, or if it occurs by chance you can book it under "General & Misc. Expenses". You can also book it under transportation charges.
Sowmya S
(CAO)
(214 Points)
Replied 21 March 2013
Mr.Ajay,
V r traders/distributors of Industrial Gases and as u said v incurr such expense very often
Ajay Singh Bhati
(Manager (Accounts))
(215 Points)
Replied 21 March 2013
Ms Sowmya,
In this case, it would be better to create a separate expenses head named "Veh. Weighment Exp" under Indirect Expenses alongwith other selling and distribution expenses.
Sushil Kumar Jalan
(2 Points)
Replied 23 July 2018
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