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Managing Indirect Expenses by Store

Indirect expenses must be allocated to their respective store cost centers. Project-related expenses should be recorded in the same cost center as the income generated from that project and initially booked as advances until an invoice is raised. After invoicing, these expenses should be transferred accordingly.

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0% found this document useful (0 votes)
3 views1 page

Managing Indirect Expenses by Store

Indirect expenses must be allocated to their respective store cost centers. Project-related expenses should be recorded in the same cost center as the income generated from that project and initially booked as advances until an invoice is raised. After invoicing, these expenses should be transferred accordingly.

Uploaded by

VVBK NARESH Y
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

INDIRECT EXPENSES

 All expenses to be booked to respective store (Cost Center) – separate


cost centers defined to each store
 Any expense related to project to be booked to the cost center where
we are booking income.
 Expenses pertain to particular project to be booked in advances till we
raise invoice to the customer. Once invoice raised these expenses to
be moved to

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