16 February 2015
When employee going to abroad on behalf of company and he purchase dollar Care of Company for exps. purpose. 1. what is treatment in company accounts. 2. What supporting is required for company to book an expenses.
16 February 2015
1. All expenses has to be booked under foreign travel expenses in Rs if it is relating to travel, boarding and lodging. 2. All bills are required except for daily allowance.
16 February 2015
For dollar purchase by employee, account the rupee equivalent in advance account and adjust it against expenses when employee submits bills.