banner_ad

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?

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).


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details