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Former Member
Mar 02, 2010 at 08:45 AM

Accrued expenses for cost centres - period wise distribution

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Hello

I have an issue and stuck on it.

Here, uniform expenses of factory labours are done in one shot for the whole year. However, booking this expenses in one period would definitely distort the financial results as it should be accrued expenses for the rest of the periods.

Hence from FI side, manual entries are passed every month with Uniform exp (dr) & accrued factory charges (cr).

However, the problem is, the PR is raised in one or two bulk shots and goods are received in bulk and at this time of I am unable to know how to book and distribute this for cost centres for each period. If I put an account assignment category K, I can give a cost centre but the posting would be lumpsum for all the periods and it would distort my COGM for every month.

How to resolve this issue ? Please help out.