Asset purchased by employee for official purpose ?
This query is : Resolved
CMA. Subhash Kumar Jha
(Querist)
22 July 2010
We are a Pvt Ltd co.
One of our senior employee has purchased a UPS with battery for official purpose about one month back.
Now he has submitted the bill for the same for reimbursement.
he problem is, the bill is made in his personal name & address.
Can you advise, what is the correct remedy in this case so that no law gets violated ?
Thanks
One of our senior employee has purchased a UPS with battery for official purpose about one month back.
Now he has submitted the bill for the same for reimbursement.
he problem is, the bill is made in his personal name & address.
Can you advise, what is the correct remedy in this case so that no law gets violated ?
Thanks
Venkat Rao Marella
(Expert)
23 July 2010
Please take an approval from department head of Finance and procurement to regularize this transaction. attach this approval with the voucher.
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