23-How to Record Luch for Guest

If lunch was for business meeting and Sales pramotion , then you Can record , it as business promotion expenses , also if Lunch supplier has raised Invoice then book such expenses .

Business promotion expenses A/c Dr
To Supplier A/c Cr
( lunch expenses payable )

Supplier A/c Dr
To Bank. A/c Cr
( payment entry)

If GST applicable then, debit input CGST and input SGST in first entry

Yes, I agreed with Mr Prasad Nilugal.

We can account/Book the said Lunch (or any other food, drinks & refreshments) expenses as BUSINESS PROMOTION EXPENSES.

BUSINESS PROMOTION A/C - XXXX
TO, BANK/CASH A/C - XXXX.

If it's casual. Book it as perks

All these are business promotional expenses.

Thanks Prasad Nilugal Sir for detailed reply.

Also thanks to Raja P M Sir, Yasaawi Gomes and Sabyasachi Mukherjee. 

Thanks Prasad Nilugal Sir for detailed reply.

Also thanks to Raja P M Sir, Yasaawi Gomes and Sabyasachi Mukherjee. 

Thanks Prasad Nilugal Sir for detailed reply.

Also thanks to Raja P M Sir, Yasaawi Gomes and Sabyasachi Mukherjee. 

Thanks Prasad Nilugal Sir for detailed reply.

Also thanks to Raja P M Sir, Yasaawi Gomes and Sabyasachi Mukherjee. 

Thanks Prasad Nilugal Sir for detailed reply.

Also thanks to Raja P M Sir, Yasaawi Gomes and Sabyasachi Mukherjee.