Tally- advertisement expenditures- claim from companu

A/c entries 872 views 2 replies

Dear All,

 

Can anybody tell me the procedure for the following?

 

I am working in Vehicle Dealership organisation, which is following Tally E.R.P 9 as accounting package.

Our organisation will spend some money as advertising (Hordings, Camps etc.,) and the amount so spent will be reimbursed by the Company of which vehicles our organisation dealing. My problem is

 

What is procedure to make an entry for spending expenditure (which will be reimbursed)? Can we create ledger under head of sundry debtors? if so, what is the procedure???

Please...give suggestions?

Replies (2)

At the time of expense

Promtion expenditure ac debit to

bank ac

(for payment)

debtor account debit to

promotion expenditure account ac

(booking debtor)

bank account debit to

debtor account

(received the reimbursement)

you can choose any expense account to temporarily park the expense or create a different account if such entries are large in nature.

Hope it answer your question..

i got same..i mean, treat d cmpny as debtor...Thanq frnd..wil hit thanks 2mrw in p.c


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register