Why recharges is in "Revenue" category?
Recharges are considered as "Operating expenses, why is it in the revenue slot?" Please correct me if I am wrong?
1 answers ( 0 marked as helpful)
Hi Wagas,
This is a rather technical detail that's been left out in this project by mistake. Typically a recharge is revenue generated from charging a fee for service provided by a unit within the same organization or between two organizations that are part of a holding group.
So, for example if Company A is in a holding group with another entity Company B and Company B takes care of accounting, it may recharge the accounting costs sustained for Company A back to Company A. I admint this is unnecessariliy complicated and I shouldn't have included it in this course.
Best,
Ned
