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When A trip has been cancelled the traveler selected expenses were incurred what procedure must be followed?
Wiki User
∙ 6y ago
DTS automatically creates a voucher: the traveler must sign in and the AO must approve it.
Wiki User
∙ 6y ago
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Record expenses that have incurred but not paid for yet?
Accrued Expenses
Difference between outstanding expenses and unexpired expenses?
Outstanding expnese is that expense which is already incurred but amount is not paid while unexpired expenses are those expenses for which payment is made in advance but actually expenses are not yet incurred.
Expenses that are incurred directly or entirely in connection with the sale of merchandise are classified as?
Selling Expenses
Is expnses a balance sheet or a income statement?
All expenses incurred are part of income statement of company whle advance expenses or expenses payable are part of balance sheet.
What is the difference between general and administrative expense and overhead expense?
General and administration expenses are those expenses incurred to run day to day business activities. Overhead expenses are factory expenses incurred to run the day to day activities of running production process.
When a trip has been cancelled the traveler selected expenses incurred what procedure must be followed?
DTS automatically creates a voucher: the traveler must sign in and the AO must approve it.
Your planned trip was cancelled. Do you cancel the authorization?
Only if expenses where occurred.
Expenses that have been incurred but not recorded in the accounts?
Expenses incurred but not yet paid or recorded are called accrued expenses.
Record expenses that have incurred but not paid for yet?
Accrued Expenses
Difference between outstanding expenses and unexpired expenses?
Outstanding expnese is that expense which is already incurred but amount is not paid while unexpired expenses are those expenses for which payment is made in advance but actually expenses are not yet incurred.
What is preoperative expenses?
Incurred expenses before company formation after commencement of business
Expenses that are incurred directly or entirely in connection with the sale of merchandise are classified as?
Selling Expenses
Is professional fee expense an administrative expense or a selling expense?
Expenses which are incurred for the selling of product is called Selling Expenses while expenses incurred on administration of general day to day tasks are called administration expenses
Is expnses a balance sheet or a income statement?
All expenses incurred are part of income statement of company whle advance expenses or expenses payable are part of balance sheet.
What is the difference between general and administrative expense and overhead expense?
General and administration expenses are those expenses incurred to run day to day business activities. Overhead expenses are factory expenses incurred to run the day to day activities of running production process.
When are expenses incurred?
When you consume a resource, expenses are incurred. Resources can be consumed by using a resource up or over time. You would incur an expense for a product when it sells or when you buy office supplies for your business.
What is the difference between selling expenses and general expenses?
Selling expenses are those expenses which incurred to selling of services and goods for example market research, sales man salary, and advertising. And other hand general expenses are those expenses which incurred general base in production for example interest charge, services charges, wages and rent are included.
