Expenses

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This discussion addresses how to account for expenses incurred during a project's groundbreaking ceremony, specifically for pooja rituals and payments to a pandit. The advice given is to either write off these costs under general expenses or to create a specific 'pooja expenses' account for them.

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(Querist)
13 February 2020 Sir, my boss has done an expenditure for groundbreaking ceremony for the project site, in which our business has incurred expenses for pooja and payment to pandit. How to account for such expenses?
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Gokul Sharma

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Gokul Sharma (Expert)
13 February 2020 you can w/off in general expenses a/c.......
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Amol S Joglekar

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Amol S Joglekar (Expert)
13 February 2020 you can charge it to pooja expenses, if you wish
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