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Is the payment for a work visa contract for Two years could potentially be considered a prepaid expense?
Yes you can expense this cost by monthy wise it gives you clear details about your actual expenses spent on the labour during the month also help you if you need to calculate the actual and direct labour cost for any project and budgeting same as insurance, accommodation , EOS, Vacation ,tichets, and food allowance .
ok sir expenses 1 year 3month
Yes, & it is a asset.