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Vehicle weighment charges

Sowmya S (CAO) (214 Points)

21 March 2013

Dear All,

Plz let me know under what account head, vehicle wieghment bills, to be accounted? Under Transportation or under Vehicle Maintenance ?

Thank u all

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4 Replies

Ajay Singh Bhati (Manager (Accounts)) (215 Points)
Replied 21 March 2013

You didn't mention whether it is related to your direct purchase cost or any kind of distribution cost. If your company pays Vehicle Weighment charges on regular basis, i.e. you are some kind of supplier and pay it on regular basis, you can create a separate head named "Vehicle Weighment Charges" under Indirecct Expenses, or if it occurs by chance you can book it under "General & Misc. Expenses". You can also book it under transportation charges.

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Sowmya S (CAO) (214 Points)
Replied 21 March 2013

Mr.Ajay,

V r traders/distributors of Industrial Gases and as u said v incurr such expense very often

Ajay Singh Bhati (Manager (Accounts)) (215 Points)
Replied 21 March 2013

Ms Sowmya,

In this case, it would be better to create a separate expenses head named "Veh. Weighment Exp" under Indirect Expenses alongwith other selling and distribution expenses.