Head of expenditure

This query is : Resolved 

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

08 July 2014 U can book it under Staff Welfare expenses.

08 July 2014 This seminar is for company and not for employee. So how it comes to Staff Welfare?
Please explain

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.

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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