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Charged expenditure refers to costs that are directly charged to a specific account or budget, rather than being allocated or spread across multiple accounts. This type of expenditure is typically associated with specific projects or activities, ensuring clear tracking and accountability. It is often used in financial management to provide precise insights into spending and to help with budget control. Examples include direct costs like materials or services contracted for a particular project.
What else can I help you with?
Is credit income or expenditure?
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
What are the expenditure to be booked under charged expenditure?
Charged expenditure refers to costs that are directly allocated to a specific account or project rather than being absorbed into general overheads. This typically includes direct costs such as salaries for project-specific personnel, materials used in a project, and any services directly related to the project. Additionally, it can encompass expenses related to travel, equipment rentals, and subcontractor fees that are explicitly tied to the project’s execution. Properly categorizing these expenditures ensures accurate budgeting and financial reporting.
What are the item's of capital expenditure and recurrent expenditure?
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.
What is a negative capital expenditure?
negative expenditure
What is the meaning of projected expenditure?
projected expenditure
Which step of the necessary expense test ensures that the expenditure be necessary and incident to the proper execution of the general purpose of the appropriation?
The expenditure must bear a logical relationship to the appropriation sought to be charged
Is credit income or expenditure?
Credit is neither an income or an expenditure. It becomes an expenditure when you use it. expenditure
What is the definition of Recurring Expenditure and Non Recurring Expenditure?
expenditure
What are the expenditure to be booked under charged expenditure?
Charged expenditure refers to costs that are directly allocated to a specific account or project rather than being absorbed into general overheads. This typically includes direct costs such as salaries for project-specific personnel, materials used in a project, and any services directly related to the project. Additionally, it can encompass expenses related to travel, equipment rentals, and subcontractor fees that are explicitly tied to the project’s execution. Properly categorizing these expenditures ensures accurate budgeting and financial reporting.
What do you mean by revenue expenditure?
Expenditure for which benefit is expected to be taken in one fiscal year from occurance of expenditure is called 'Revenue Expenditure" Expenditure for which benefit is expected to be taken for morethan once year is called 'Capital Expenditure'
Where to hyphenate expenditure?
Expenditure is not hyphenated.
What is irregular expenditure?
what is irregular expenditure
What are the item's of capital expenditure and recurrent expenditure?
Recurrent or Revenue Expenditure are those expenditure the benefits of which are utilized by company in one single year and capital expenditure are those expenditure the benefits of which are utilized for morethan one fiscal year. Revenue expenditure Example: Inventory etc Capital Expenditure : plant, machinery, building etc.
What is the difference between revenue capital and capital expenditure?
Revenue expense are costs in the for day to day running of the business for example servicing a machine, spare parts etc. Revenue expenditure is normally charged against profit in the Income statement in the year it is expensed. Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so a purchase of a machine or van etc. The item is depreciated over the items useful life and each depreciateable amount is charged to the Income statement in the year the item has help generate profit.
What are two Malaysia government expenditure?
1) operating expenditure 2) development expenditure
What are the similarities between capital expenditure and revenue expenditure?
Revenue expense are costs in the for day to day running of the business for example servicing a machine, spare parts etc. Revenue expenditure is normally charged against profit in the Income statement in the year it is expensed. Capital expenditure is on an item that will help generate profits over the longer term (12 months or more) so a purchase of a machine or van etc. The item is depreciated over the items useful life and each depreciateable amount is charged to the Income statement in the year the item has help generate profit.
How do you do an expenditure sheet?
It becomes an expenditure when you use it
