Gta (payment to truck owners)

Hello ,

I have a GTA under which I hire trucks from owners. I issue the bill for the supply of service and I receive payment from the recipient in the name of my GTA.

The issue that arises is the truck owner demands payment in cash.

How do I make payment to the truck owner and record it as an expense in my books of accounts as without showing the payment to the truck owner , the entire freight is booked as profit in my books.

please advice.

Thanks

Replies (1)

hw much your trun over 

how much u pay each transport as rent for using their vechicle

if your u ask any informaiton about ur creditors by 

dipertment keep in mind all this before doing any thing 

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