Treatment of complimentary services to client in accounts
This query is : Resolved
03 December 2008
We are service provider. During the course we provide some services to clients F.O.C (complimentary).
How we treat the same in accounts. Whether we should books the services and then write off the debtors.
Or
Directly booked the same as expense in business promotion
Regards
Yogesh gupta
How we treat the same in accounts. Whether we should books the services and then write off the debtors.
Or
Directly booked the same as expense in business promotion
Regards
Yogesh gupta
03 December 2008
There in meaning to post notional amount in your books.
In my opinion, you donn't require to post any amount for free services.
In my opinion, you donn't require to post any amount for free services.
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