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How is the treatment of bank charges related to international suppliers who is supplying raw materials and packaging materials?

How is the treatment of bank charges related to international suppliers who is supplying raw materials and packaging materials?

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Question added by Afzal Inayat Khan Deshmukh , Ass. Manager Accounting , saudi Johnson Co. Ltd.
Date Posted: 2016/12/21
Nazish Alam
by Nazish Alam , Logistics Assistant , Wipro Ge Healthcare pvt Ltd

It should be added in the final cost of raw material

 

erita mukupe
by erita mukupe , Buyer , NASH PAINTS

this is an actual cost that should be added to the total value of the raw material cost

Fahd Abdu Mohammed Al-khodshi
by Fahd Abdu Mohammed Al-khodshi , Head of Procurement , TOTAL (Yemen LNG)

It should be part and added to the total delivery cost for the purchases.

vijay Jain
by vijay Jain , Account Manager , KGK DV LLC

in this case Bank charges will be a cost of raw material that's why this will be add in purchase cost.