Why WIP instead of Expenses in P&L

Others 110 views 1 replies

Hello,

Mine is a propreitory micro business in Software Development and current AY I have no income. Someone suggested that  I show my expenses (internet,electricty,business related travel expense etc..) as WIP . I thought WIP was sometihng one uses in a manufacturing or in projects.

Why cant these expenses be shown as expenses in P&L ?

what are the advantages/disavantages of showing it as WIP ?

Regards

 

 


CCI Pro

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