hii...
currently m doing internal audit of a company...
my client Reimburse mobile bill of its employees after showing Bill, actual or limit which ever is lower..
m facing problem in employees having prepaid num how may i know there actual useage??
Please help its urgent..??
Thanks in advance for your worthy suggestuion
Tushar,
Since your doing internal audit and repot submited to management of the that company.
and as you stated abov as per there SOP amount can be reimbersed actual and limit wich ever is lower.
1.In case of post paid you will get bill from such employees and you can verify
2. Incase of prepaid you wont find any bills from the such employees hence you can only ensure where reimbersement is less than the limit or not.
in case reimbersument is more than the limit than you can report the same.
i m agree with the reply of mr. Srinivasa,
in case of post paid we can check the bills and verify but in case of prepaid employee can not give any proof so it should be less than the limit
| Originally posted by : shefali | ||
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i m agree with the reply of mr. Srinivasa, in case of post paid we can check the bills and verify but in case of prepaid employee can not give any proof so it should be less than the limit |
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its the matter between the employer and employee
if employer is ready to give this to employee, we just have to check that its not exceeding limit. primary role goes to employer itself.
You can report the matter, if the actual reimbursment crosses the prescribed limit of the company. Generally these expenses are approved by the accountant then you can check the justified normal expense by comparing it with others postpaid expenses and if there is any big diff found then it must be reported to bring the attention of the management on the particular matter.
CAclubindia
