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Expense

This query is : Resolved 
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(Querist)
06 March 2014 Dear Sir/Mam
If I need to make a payment for an expense which pertains to period 04Feb13-05Feb14.
Partly, it pertains to F.Y.-2012-13, for which accounts are already closed.
Pls adv what entry to pass?

Thnx
Gurvinder Singh
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Sandeep Dharar

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Sandeep Dharar (Expert)
06 March 2014 U can show it as outstanding expenses for the CY & show as outstanding expense for the previous year, by distributing the amount, as applicable.
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