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Why activity based costing?
Activity based costing allocate the overhead expenses based on activities performed and that's why it is an accurate way to allocate overhead expenses while in absorption costing, overheads are allocated based on some ratios or predetermined rate which is not accurate method of allocation of cost.
With the split disbursement option the vendor receives direct reimbursement for travel card expenses?
The question should be "With the Split Disbursment Option, who reeives direct reimbursement for Travel Card expenses? The answer is :Payment goes directly to Bank for Travel Card expenses
What are some tips for travel expense management?
Travel expense management is used by companies that have travel expenses as part of the company budget. Some tips are to have a policy in place for company travel and purchase a software that will allow the company to track and manage travel expenses. Make the employees familiar with the software and use it to track expenses. This will allow the company to have all the data in one place.
Which expenses must split disburse to the travel card vendor when he submits his voucher?
All the listed expenses, including the cash withdrawal
What are the journal entries of travel and tour expenses received in advance and how do tally this account?
Travel Advance Dr Cash Cr Travel Exp Dr Travel Advance Cr
What is cost categories in tally9.0 software?
cost categories are used to allocate the expenses, sales and purchases etc in various departments of a comapany. let us understand it with an example: suppose the predicted tarvelling expenses of company is 50000 rupees per month. now we can allocate it in various departments like sales, accopunts, hr etc. with help of cost catagerois and also pre define the expenses. cost categories are used to allocate the expenses, sales and purchases etc in various departments of a comapany. let us understand it with an example: suppose the predicted tarvelling expenses of company is 50000 rupees per month. now we can allocate it in various departments like sales, accopunts, hr etc. with help of cost catagerois and also pre define the expenses.
Why activity based costing?
Activity based costing allocate the overhead expenses based on activities performed and that's why it is an accurate way to allocate overhead expenses while in absorption costing, overheads are allocated based on some ratios or predetermined rate which is not accurate method of allocation of cost.
Where does travel go on income statement?
Travel expenses are expenses as all other normal business expenses and as all other business expenses are part of income statement traveling expenses are also part of income statement.
What is the government travel charge used for?
To pay for authorized official travel expenses (i.e., lodging, meals, and incidental expenses)
What is the Government travel charge card used for?
To pay for authorized official travel expenses (i.e., lodging, meals, and incidental expenses)
With the split disbursement option the vendor receives direct reimbursement for travel card expenses?
The question should be "With the Split Disbursment Option, who reeives direct reimbursement for Travel Card expenses? The answer is :Payment goes directly to Bank for Travel Card expenses
How do one claim back their business travel expenses?
Business related travel expenses are tax deductible if and when they fall within the IRS's ground rules. Depending on the circumstances of the trip, certain costs like meals, travel fares, and telephone expenses may be successfully deducted.
Do Olympians families pay for travel expenses?
Yes
What if you cant afford travel expenses?
Do not go to tour.
Can family members be reimbursed for travel expenses to a funeral?
No.
What are some tips for travel expense management?
Travel expense management is used by companies that have travel expenses as part of the company budget. Some tips are to have a policy in place for company travel and purchase a software that will allow the company to track and manage travel expenses. Make the employees familiar with the software and use it to track expenses. This will allow the company to have all the data in one place.
How do you travel Singapore with my family when expected total expenses are exceeding my savings?
When your expenses are exceeding your budget, then you can take Travel loan or pay expenses on EMI. Many sites like MakemyTrip, Bajaj Finserv, BOI gives travel loan at an affordable interest rate. Hence, you can easily travel to singapore with your family. Enjoy your family time.
