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Head of expenditure

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(Querist)
08 July 2014 Under which head entry to be pass for Expenditure incurred by company for attaining seminar by their employees?
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Sandeep Dharar

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Sandeep Dharar (Expert)
08 July 2014 U can book it under Staff Welfare expenses.
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Nischit Sanghavi

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Nischit Sanghavi (Querist)
08 July 2014 This seminar is for company and not for employee. So how it comes to Staff Welfare?
Please explain
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Sandeep Dharar

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Sandeep Dharar (Expert)
08 July 2014 I know that it was for the company. A little mind is present at this side to understand the meaning of "expenditure incurred by company for attaining seminar by their employees."

It is expenditure made by company on the staffs for benefit of the company. But it is made on staffs so it will b treated as staff welfare.
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Rupesh Jain

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Rupesh Jain (Expert)
08 July 2014 it is staff welfare exp.

it is for staff knowledge.

or you book and fee and subscription exp.
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