Direct expenses in a textile manufacturing firm
This query is : Resolved
nitin gupta
(Querist)
28 May 2013
dear sir, I want to know what are direct expenses occurred in a loom business. what is weaving charges & processing charges in loom business ?
CMA Ramesh Krishnan
(Expert)
28 May 2013
Loom business, weaving charges & processing charges is the direct expenses. weaving charges nothing but labour charges for weave the cloth through by hand or machine help. processing charges is the cloth designing, printing & colouring etc.
nitin gupta
(Querist)
30 May 2013
if I am maintaining the books of a/c of a loom business then how can pass the entries of processing charges and weaving charges without supporting paper. kindly help me sir.....
CMA Ramesh Krishnan
(Expert)
30 May 2013
incase processing vendors doesnot have any invoice format, your self you can make some format get it authorised by them and account the expenses
14 July 2013
Direct expenses are thread, labour, power and chemicals with reel drawing and other expenses others are all indirect expenses.
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