Reimbursement of expenses to director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 June 2013
Sir,
Director of my company incurred some hotel , traveling expenses in behaif of company. He pays in cash and take reimbursement by company by cheque.But taking amount in name of director amounts to director's remuneration.
How should I adjust it to save sight the company.
Director of my company incurred some hotel , traveling expenses in behaif of company. He pays in cash and take reimbursement by company by cheque.But taking amount in name of director amounts to director's remuneration.
How should I adjust it to save sight the company.
Rupesh Jain
(Expert)
13 June 2013
company tak wrongly as director remuneration
it is tour & travelling exp for company incurred by the director .
payment should book as tour & traveeling exp.
it is tour & travelling exp for company incurred by the director .
payment should book as tour & traveeling exp.
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