Lunch to client

dear members

 

 

if we take our business client for lunch, then what account shall we open.

 

 

regards

Replies (7)

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

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