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Demurrage Charges - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit) +--- Thread: Demurrage Charges (/thread-demurrage-charges) |
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 |