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Accessories category and office expense category

Sahibzaada Md.Maidul Islam (Sr.Ex.Accounts ) (20 Points)

24 January 2021

How many subheads can be placed under the accessories category and office expense category in an organization,
please submit some information in details regarding that topic.

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CA. Sourav Sarkar (Chartered Accountant ) (24583 Points)
Replied 24 January 2021

It will be based on nature of expenses.. you have to categorise such sub expenses into general heads.. it might include all official work expenses the organisation have and accessories categories shall include all expenses comprised of repair, purchase, maintaince etc. of accessories

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CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 24 January 2021

You can make as many head as you can but keep in mind materiality of such expenses.

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Sahibzaada Md.Maidul Islam (Sr.Ex.Accounts ) (20 Points)
Replied 24 January 2021

i loved ur example Rashmi Ji,Please help me giving some example of accessories used in company, And office expenses

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 24 January 2021

Https://www.google.com/url?sa=t&source=web&rct=j&url=https://sbdc-longwood.com/wp-content/uploads/2012/07/Monthly-Operating-Expenses.pdf&ved=2ahUKEwjAio3QjbXuAhWK6XMBHVB3C_cQFjATegQIAhAB&usg=AOvVaw1AWiViJHIeGhq7coJdkTCe

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