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    DR1952's Avatar
    DR1952 Posts: 1, Reputation: 1
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    #1

    Apr 10, 2007, 12:14 PM
    Chart of accounts
    We hired a company ABC Doors to perform labor services during an installation of a piece of machinery. What do I call this in the Chart of Accounts? Contract labor? Outside Labor?
    lsbean's Avatar
    lsbean Posts: 4, Reputation: 1
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    #2

    Apr 10, 2007, 01:20 PM
    I would call it contract labor.
    goldenbutterfly's Avatar
    goldenbutterfly Posts: 63, Reputation: 8
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    #3

    Apr 12, 2007, 05:16 AM
    I would capitalize it under Machinery, especially if amount of installation is material.
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