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Charge of food expenses

A/c entries 8993 views 3 replies
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4 Points Posted on 19 February 2018

Please let me know in which head the food expenses would be charged in the books of accounts, if the employees have incurred the same while on travel representing the company and the company reimburses it.

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On 19 February 2018 at 15:11 Report
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Food expenses incurred by employees during business travel and reimbursed by company can be booked under travelling expenses or refreshment expenses within other expenditure, with proper narration for clarity.

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teaching
2046 Points Posted on 19 February 2018

Refreshment Expenditure under the head of other expenditure.

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On 19 February 2018 at 15:31
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18 Points Posted on 20 February 2018
for travelling related to business, you may charge each cost pertaining to travelling in a separate ledger "Travelling expenses" with suitable narration for identification
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On 20 February 2018 at 09:29
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18 Points Posted on 20 February 2018
or you may use other relevant ledgers for posting travelling expenses such as "business promotion" etc.
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On 20 February 2018 at 09:30


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