What in the name of Hell is CONSUMABLES?!?! lol
tauq786x
Registered Posts: 35 Regular contributor ⭐
What is Consumables? :S
0
Comments
-
I assumed them to be small miscelaneous expenses that didn't fit in any other expense, either way I put them as an Expense in the P & L0
-
I assumed them to be small miscelaneous expenses that didn't fit in any other expense, either way I put them as an Expense in the P & L
Correct. Consumables are an expense which will be non-usable after a short period of time. For example, drill bits, blades for tools etc
You only normally see consumables in building based jobs etc0 -
-
tammyariley wrote: »I wondered what it meant so i did a bit of google-ing LOL
it means
:thumbup:Goods used by individuals and businesses that must be replaced regularly because they wear out or are used up.
A bit like my credit card then?0 -
Same here, I think that's right, even though I messed on a few other bits0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 318 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 87 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 273 Tax
- 135 Bookkeeping
- 7.2K General accounting discussion
- 200 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership