How to adjust excess cash???

1.keep deposit cash daily in banks....

2. Accounts for all expenses incurred during the day.....

regards,

ratan

one way to adjust such cash is to transfer some expenses of ur clients on the day on which cash balance is very high......

regards,

ratan

1.  His cash is high during months of  nov,dec and jan so he cant deposit cash in bank from backdate.

2. under which head of expense he shud book expense? even if he book expenses it can be of reasonable amount.

So, plz suggest sum other ways!!!!

u cn book some fictitious bills on date months like under the "staff welfare", "misc expenses", "Business promotion" .

regards,

ratan

But u hv to consider the fact that amount of expenses booked should not be questionable by "A.O."

hope u wil understand wat i wnt to say.....

regards,

ratan

by the way can u tell me the exact nature of your client business......

this wil help me some additional inputs....

regards,

ratan

sir i can very well understand wht u want to say abt booking fictious bills...

the nature of business is ,they are manufacturers of aluminium wires,cables n conductors

Dear Murli,

U cn book some consumable store related on which there is no vat is charged......

regards,

ratan

wil u mail the exact cash book position with narattions. on ratan_deep1 @ yahoo.co.in. if u cn.

I wil make scrutiny of that & surely provides u some solutions in this regards.....

though client privacy is also to be considered.

so mail only if u cn......

keep smiling & enjoy life......

regards,

ratan

@ shweta

its a company not partnership..so how can drawings be shown?