Cash payment by employee

Rohan (Accounts executive) (35 Points)

30 January 2020

Can an employee pay the cash on behalf of the private limited company more than 10k.

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 30 January 2020

For what...??
Why...?

Rohan (Accounts executive) (35 Points)
Replied 30 January 2020

For purchasing some machine tools from vendor

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 30 January 2020

Then it's also penalize as company's books...

Don't be act without logic...

Roshni (Studwnt) (1141 Points)
Replied 30 January 2020

Don't pay it on a single bill on single day make sure it's less than 10k

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