Chart of Accounts Fee Allocation

Chart of Accounts Fee Allocation

Chart of Accounts Fee Allocation

Where would I allocate a federally required fee to publish the company's tariffs? It seems like it would be COGS, subheading Legal Fees since it is a fixed cost and to distinguish it from Office Expenses - Legal Fees for variable legal fees not directly related to projects.


I don't think it falls under Advertising since it's a federally required fee and fixed cost?

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Jan 03, 2018
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Chart of Accounts COGS
by: Stephanie

Thank you for your question about where to allocate a fee to publish the company's tariffs.

If you would like to distinguish the fee as a fixed cost as opposed to variable legal fees, it is fine to categorize it as a subcategory under COGS to keep it separate.

That or you can give it it's own subcategory under direct legal expense account to track it separately.

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