Demurrage Charges - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7) +--- Thread: Demurrage Charges (/showthread.php?tid=19699) |
Demurrage Charges - RabbitWabbit - 10-29-2014 Salam Please explain the treatment of demurrage charges, we paid high demurrage charges for 2 of our shipments, i want you to suggest what is the right way to deal this as it will increase the cost of the goods, can we put it in expenses as penalty ? 1-what is the professional way to treat this ? 2- advantages and disadvantages of putting it in cogs and in expenses. thank you |