19 June 2009
Manufacuring company - their outputs are being transported by a transport company. Bill of that transport company is accounted in the manufacuring company's book under "Freight charges"
Now the manufacruing company bought TATA 407 vehcile to transport the goods. The fuel expenses can be accounted under "Freight"??
My doubt under what head of expenses the fuel charges that we incur for the TEMPO should be booked.
Pl clear me is it under vehicle running & maintenance? Since it is 100% being used for transporting the company's manufactured goods to their customers. Why it should not be brought under "FREIGHT"
CAclubindia
