We have an agreement with a party to provide vehicle for our good transport, as per agreement we pay monthly rent to him, which head this exp be booked? freight exp or rent or hire charge?
02 January 2015
we sale solar items, sale is recorded on receiving full payment, but after invoice is prepared and stock is out from our store, our staff goes to install solar on customer place, what shall be the treatment of this travelling exp should this be booked as travelling or cost of items?
CAclubindia
