Travel Agent Accounting Concept
This query is : Resolved
04 January 2010
How the accounts of travel agent can be maintained? whether it should be on Sale purchase of tickets or Net commission basis? and for tax audit we have to see gross salas or Net commission
04 January 2010
You should book only commission to your Income/Expenditure account further value of your commission would be the criteria for audit purpose.
04 January 2010
Yes, Commission Income.
04 January 2010
agree with expert...as a profession..
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