Money paid to staff
This query is : Resolved
Gurvinder Singh
(Querist)
01 November 2013
Dear Sir / Mam
Pls adv, under which head of accounts the money paid to staff during Diwali, should be debited to.
Also, pls adv the difference between Ex-gratia and Bonus.
Thnx
Gurvinder Singh
Pls adv, under which head of accounts the money paid to staff during Diwali, should be debited to.
Also, pls adv the difference between Ex-gratia and Bonus.
Thnx
Gurvinder Singh
Ganeshbabu K
(Expert)
01 November 2013
you can account it as diwali bonus in books
.
.
CA Pallav Singhania
(Expert)
01 November 2013
Agree show it as a Bonus,
If you haven't created a ledger then do create it as a Bonus under expense...
If you haven't created a ledger then do create it as a Bonus under expense...
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