Advance given to staff for incurring exp.
This query is : Resolved
26 July 2014
advance given to staff for incurring of exp. create which type ledger and under which group
26 July 2014
Employee Advance under Current assets. When expense report is given expenses will be booked and Employee advance will be credited.
26 July 2014
sanjay sir please mention special category under current asssets for advance given .such as Loan and advance (current assets)
26 July 2014
It will be Loans and Advances under Current Assets.
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