dear members
if we take our business client for lunch, then what account shall we open.
regards
it will be treat as business promotion exp. and u need to open a ledger in your books with the name of business promotion
thank u sir
It has to be treated as business entertainment costs.
Yes @ ashish also correct
Dear mambers,
Can you please give me examples which come under head Hospitality Expenses/Charges.
Thanks in advance
BUSINESS CLIENT LUNCH IS EXP. OF SALES PROMOTION EXP.(INDIRECT EXP.) AND HOPITALITY AND MEDICAL EXP. OF STAFF WALFARE EXP(INDIRECT EXP.)
U can book expenses in business promotion a/c
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Dass Gupta & Associates
Gurgaon
CA
A Jaiswal and company
Lucknow
CA Final
ANIVESH CONSULTANTS LLP
CA Inter
Thammana & Associates
Srikakulam
B.Com
SGNG & Associates
New Delhi
Getmyca Consultant Pvt Ltd
Resollect Technologies Pvt Ltd
Mumbai
Aditya Muley and Co
India's largest network for finance professionals
Alternatively, you can log in using: