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Accounting for a film production house

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(Querist)
21 November 2012 Hi,

For a entity doing film production, will it be useful if the expenses are recorded department wise ( ex direction department Hero department) or should it be expense wise (ex professional charges, room rent etc)

Are there any better manner of maintaining books of accounts
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CA Ravi Kumar Murugesh

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CA Ravi Kumar Murugesh (Expert)
22 November 2012 Overall expenditure can be booked by keeping separate cost centres for each departement to know the actual cost incurred later for analysis.
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