How to reimburse directors for company expense

Hi, 

We are two directors in pvt. ltd. company. For our company business, we need to rent servers from USA for which payment can only be made using credit card. We dont have a credit card for company yet. So we pay the server charges using one of our personal credit cards. Our statement shows charges as following(for example):

1. Server charges   :  2000/-

2. Currency conversion charges by bank:  200/-

3. GST on currency conversion:  36/-

Till now we are bearing the expenses ourself and not showing in company records but as the cost is increasing we want to show the expense in company.

Please guide me what is the proper procedure to reimburse the amount to director. What documents company should seek from director and how do we show it in our book of accounts?

Replies (1)

Somebody Please help.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
Featured ARTICLESHIP 04 August 2026
Article Trainee

Prish Consultancy LLP

New Delhi

CA Inter

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
07 August 2026
Chartered Accountant

Devesh Garg and co

New Delhi

CA

View Details
FOLLOW
US ON