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malarvannan (accounts executive)     02 June 2011

Water expenses- how to pass entry?

Dear friends

I need one clarification. How to do entry for water exp.,(purchase of water can for drinking purpose) whether it comes under utility bill>>indirect exp., (or)

Staff welfare exp>>indirect exp.,

Please guide me...

 

Thkx in advance

malarvannan.



 7 Replies

CA ADITYA SHARMA

CA ADITYA SHARMA (CA IN PRACTICE )     02 June 2011

water bill paid to muncipal council will be under the head muncipal expenses- indirect expenses

jaganathan

jaganathan (accounts executive)     02 June 2011

As you purchase the water cans it comes under staffwelfare exp>>indirect expenses,

if you pay watertax to the municipality it comes under utility bills>> indirect expenses

1 Like
Aparna Raja K.C

Aparna Raja K.C (Student)     03 June 2011

generally considered as staffwelfare...

as mentioned if bill is being paid to municipality,, then under utility bills:)
 

Rajesh

Rajesh (student)     03 June 2011

Dear Friend,

Please Note,

Drinking Water Expenses should be Debited in Staff Welfare Expenses. and should be under INDIRECT Expenses

Prachi Bansal

Prachi Bansal   12 March 2021

Why will water expenses come under indirect expenses?

Spurto Consultancy Services

Spurto Consultancy Services (Consultant)     12 March 2021

It will be considered as day to day expenses. It will be indirect in nature. Group it under other general expenses. 

Prachi Bansal

Prachi Bansal   14 March 2021

Could you please suggest on how the entry will be done for unexpected costs relating to Covid-19?


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