Salary expenses
This query is : Resolved
31 March 2017
Hello respected sir/ madam,
i am working in a private limited company. one of our saleman get
salary 19500.00 monthly
phone exp 1000.00 monthly
stationery exp 500.00 monthly
travellig 10500 to 12000 monthly
sales incentives 4000.00 to 5000.00 monthly
in this way he gets 35500.00 to 38000.00 per month by cheque
My question is how to book all these exp in my books of accounts?
i am working in a private limited company. one of our saleman get
salary 19500.00 monthly
phone exp 1000.00 monthly
stationery exp 500.00 monthly
travellig 10500 to 12000 monthly
sales incentives 4000.00 to 5000.00 monthly
in this way he gets 35500.00 to 38000.00 per month by cheque
My question is how to book all these exp in my books of accounts?
31 March 2017
I'll suggest u one thing to fix travelling expenses, as travelling allowance. And regarding sales incentive it depends that u are providing it as incentive or commission to the salesperson. So, at the end of the day u must treat all the above expenses as a part of his salary (whether the amount is fixed or recurring).
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