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Pvt Ltd Company

anji (ACCOUNTANT) (142 Points)

13 March 2018

as a director's travelling and hotel expenses how to entry in company books

DRAWINGS ACCOUNT IN PVT LTD COMPANY BOOKS
JV ENTERIES HOW TO

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7 Replies

gopal (future smart stupid) (293 Points)
Replied 13 March 2018

will they be recovered from director

Aashish Sachdeva (839 Points)
Replied 13 March 2018

As per my personal opinion, if Directors goes on Business trip shows in you profit and loss. And if goes for personal trip then dont show in your books of account....

Its my personal opinion, if anybody have different view then views are welcome. thanks. Disclaimer: its not Professional Advice.

Rohitkhan (BIMS) (80 Points)
Replied 13 March 2018

travelling and hotel expenses are business related for personal ?

anji (ACCOUNTANT) (142 Points)
Replied 14 March 2018

business related

Rohitkhan (BIMS) (80 Points)
Replied 14 March 2018

If U R Using Tally Software, make entry in payment voucher

Dr Travelling A/c xxxx

Cr Cash OR Bank xxxx

anji (ACCOUNTANT) (142 Points)
Replied 14 March 2018

ok thank you

VINEETH.R (FINANCIAL ACCOUNTANT) (458 Points)
Replied 14 March 2018

For business purpose?

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