Following are the expenses covered under hospitalization.
1. Room, Boarding Expenses as provided by the Hospital/Nursing Home.
2. Nursing Expense.
3. Fees of Surgeon, Anesthetist, Medical Practitioner, Specialists, Consultants.
4. The cost of anaesthesia, diagnostic tests, medicines, blood, oxygen, appliances like pacemaker, artificial limbs and organs, operation theatre charges, Dialysis, Chemotherapy, Radiotherapy and similar expenses. etc.
Following are the expenses covered under hospitalization.
1. Room, Boarding Expenses as provided by the Hospital/Nursing Home.
2. Nursing Expense.
3. Fees of Surgeon, Anesthetist, Medical Practitioner, Specialists, Consultants.
4. The cost of anaesthesia, diagnostic tests, medicines, blood, oxygen, appliances like pacemaker, artificial limbs and organs, operation theatre charges, Dialysis, Chemotherapy, Radiotherapy and similar expenses. etc.
Expenses before hospitalization is called Pre-Hospitalization expenses and expenses after discharge from the hospital are called Post-Hospitalization expenses. Usually 30 days pre-hospitalization and 60 days post hospitalization expenses are covered under mediclaim policies.
head of staffwelfare
administrative expenses;
Accrual System expenses are recorded when they are occured.Cash System expenses are recoreded when they are actually paid.
u can create office supplies ledger under indirect expenses group
Outstanding expenses are the expenses which have fallen due at the end of the accounting period but which has not been paid. Its a liability for the company and will be shown under the Current liabilities and provisions. Prepaid expenses are the expenses which paid during the year before its due. The money is paid out but its not due at the end of the period. Its an asset and will be shown under current Assets in the Balance sheet.
No, telephone expenses do not go on the income statement. Telephone expenses would be recorded as an operating expense on the income statement under the category of "Communication expenses" or similar designation.
This describes a pay-as-you-go system, where current workers fund benefits for current retirees through taxes. It's commonly used in social security programs.
To keep the expenses under control
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Family Health Insurance:Cover your whole family under a single premium with a common Sum Insured one single policy takes care of the hospitalization expenses of your entire family. Family Health Plan takes care of all the medical expenses during sudden illness, surgeries and accidents.
Miscellaneous expenses are part of income statement and not part of balance sheet and not shown under balance sheet.