Regarding travelling expenses

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Deep Garg (Querist)
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21 April 2017 Respected Experts, If a energy drinks proprietorship hires a salesman on salary and salesman go to different cities to sell energy drinks. and the firm gives him cash for 150 for lunch and 300 for fares. I want to know how this 450 shown in expenses. and what vouchers are required for this purpose to be maintained by firm should the firm required signed the voucher by salesman when they give him cash and what is the journal entries for this expenses

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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22 April 2017 The expenses incurred for the fares can be shown under travelling expenses. Generally the tickets are shown as proof for travelling expenses. In case the tickets are not available like for auto charges, self attestation by the salesman would suffice the purpose. For the purpose of lunch, the same can be shown under staff welfare.

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Deep Garg

Deep Garg (Querist)
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22 April 2017 Dear Madam Thanks Very Much for your kind guidance please also tell on self attestation by salesman required on plain paper or on any kind of voucher

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