NAC706.401992. Accounts for general and administrative expense: Office, telephone, travel, utility and miscellaneous expenses.

     1. The account for office expenses must include all costs for office supplies and miscellaneous office expenses incurred in connection with the limousine operations of the company, including, without limitation:

     (a) Bank service charges.

     (b) Cash shortages.

     (c) The costs of books, periodicals, bulletins and subscriptions to newspapers, newsletters and tax services.

     (d) Membership fees and dues in trade, technical and professional associations.

     (e) The costs of office supplies and expenses, postage, printing and stationery.

     (f) The costs of individual items of office equipment used by general departments that have a short useful life or a value of not more than $5,000.

     2. Appropriately titled subaccounts must be maintained for each class of expense included in the account with sufficient detail and description to allow ready identification.

     3. The telephone account must include all telephone expenses not charged to any other functional division.

     4. The account for travel expenses must include:

     (a) All costs incurred for fuel and oil, operating maintenance, replacement parts and repairs that are applicable to vehicles other than limousines, cars connected with shop work or cars for supervisors; and

     (b) Other travel expenses necessary to the operation of a limousine company.

     5. The utilities account:

     (a) Must include items such as power, electricity, gas, water, garbage disposal and sewage rental.

     (b) Must not include telephone rental or tolls.

     6. The account for miscellaneous general and administrative expenses must include any cost of outside labor, materials or other costs incurred by the company in connection with its general management if the cost is not provided for elsewhere in the uniform system of accounts for limousine operations. The account must be maintained with sufficient detail and description to allow ready identification, analysis and verification of all relevant facts.

     (Added to NAC by Transportation Serv. Auth. by R040-02, eff. 9-20-2002)