Expenses paid
This query is : Resolved
23 March 2024
sir
if as a company we paid some exp. and bill issued in the name of company but these exp. should be born by a vendors co. of us so can i make a sales bill for that in the name of vendor co. ?
otherwise suggest the right treatment
if as a company we paid some exp. and bill issued in the name of company but these exp. should be born by a vendors co. of us so can i make a sales bill for that in the name of vendor co. ?
otherwise suggest the right treatment
24 March 2024
Account the bill in vendor's ledger and collect payment.
15 August 2025
Sample Journal Entries
Date Particulars Debit Credit
xx/xx/2024 Expense (e.g., Freight Expense) ₹XX,XXX
To Payable to Vendor (Liability) ₹XX,XXX
Upon Reimbursement Payable to Vendor ₹XX,XXX
To Bank ₹XX,XXX
Date Particulars Debit Credit
xx/xx/2024 Expense (e.g., Freight Expense) ₹XX,XXX
To Payable to Vendor (Liability) ₹XX,XXX
Upon Reimbursement Payable to Vendor ₹XX,XXX
To Bank ₹XX,XXX
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