Pankaj Arora (Learner) (3134 Points)
15 September 2015Hi...
I am working with Real Estate company, right now we have three projects.
Some expenses are common on all this projects, like telephone expense, finance cost, legal expense. I want to know which is best method to divide common expenses amoung all the projects.
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 15 December 2015
Dear
You can allocate in equal % or base on the Cost of Project viz., one Project cost may be more than the other so you can decide & fix % accordingly. Alternatively you can do it on Average basis.
CAclubindia
