Cost Treatment of Novices in Consulting Service Industry

There is no cost in consulting service industry, only cost. The above expenses can be directly used in the management expense account, with detailed secondary or tertiary account accounting.

Only the manufacturing industry needs to set the cost and allocate it, so it is necessary to allocate the cost to the cost in proportion. For the consulting service industry, in fact, your cost is labor, the office building may be rented, and car depreciation is also an administrative expense. So you don't need to set up a cost account.