In purchase enrty how can I get labour charges in ledger accounts
What are the ledgers that come under purchase accounts?
Under which group repairs & maintenance come under?
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 15 September 2009
1.For any purchases if you want the labour portion to be segregated from material portion use a seperate ledge code to capture the same
2.Purchase code can be created for raw Materials or for Trading Stock(if u buy and sell as it is as Finished Stock)
3.If Repairs pertains to Factory plant it comes under Factory overheads if related to office it comes under Administration Overheads