AA-48A-Record Expenses by Single Account Head Wise Or Supplier/Vendor Wise

This discussion explores the best method for recording expenses, specifically for services like repairs and maintenance obtained from multiple suppliers. Participants debate whether to log these under a single 'repairs and maintenance' expense account or create individual ledgers for each vendor. The consensus leans towards recording expenses vendor-wise, as it simplifies audits, aids in scrutinising TDS compliance, and avoids difficulties in bifurcating expenses later.