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anji (ACCOUNTANT)     09 June 2018

FOOD EXPENSES

supplier came my company launch provided so how to entry in tally and under the which head


 9 Replies

RAJA P M

RAJA P M ("Do the Right Thing...!!!")     09 June 2018

You can enter as "SALES PROMOTION - Expenses" under indirect Expenses...
Vinod Babu

Vinod Babu   09 June 2018

Good answer Raja sir 👍
Prachi Bansal

Prachi Bansal   07 April 2021

any hotel expenses beared by the company comes under which expenses?

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     07 April 2021

Originally posted by : anji
supplier came my company launch provided so how to entry in tally and under the which head

You may account it as entertainment or business promotion expenses.

Prachi Bansal

Prachi Bansal   08 April 2021

I understood business promotion expense but why do you think that it should come under entertainment expenses?

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     08 April 2021

Originally posted by : Prachi Bansal
any hotel expenses beared by the company comes under which expenses?

Hotel accommodation expense of employees related to business forms part of travel expense in general. You may either account it as part of Travel expense or separately as Boarding/Lodging/Hotel-accommodation expense.

Prachi Bansal

Prachi Bansal   13 April 2021

Got it now. Thankyou for the information!

Ayush Lakhotia

Ayush Lakhotia   20 May 2021

But sir when we go for dinner or lunch with family we pay the bill from business account  what will be entry  please tell me sir 

Prachi Bansal

Prachi Bansal   22 May 2021

Originally posted by : Ayush Lakhotia
open quote But sir when we go for dinner or lunch with family we pay the bill from business account  what will be entry  please tell me sir  close quote

 

What will be the entry for the same?

 


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