Dear All,
If a company provide a office Picnic for all of their staff's & their family then all the expenses related to the Picnic comes into the Company Accounts under which head???
Regards
INDRA
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Accounts Head
Replies (9)
Staff and welfare..
staff welfare or staff entertainment.
Staff welfare expences
STAFF WELFARE
Hi Indrajit
We can debited the Staff Welfare or Staff entertainment head ( Indirect Expenses)
It will come under staff welfare and would be liable to FBT
Thanks a lot
STAFF WELFARE EXPENSE
Debit Staff Entertainment or Welfare account as indirect expenses only
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