Cash payment

This query is : Resolved 

18 October 2012 I have paid Rs.20000/- to one Staff member as Advance for Expenses. He has submitted various bills to clear that advance. Now my query is Can pay Rs.20000/- as Advance for Expenses or it will be disallowed.

18 October 2012 Yes, it is allow and treat like prepaid expenses.
or, You can consider this amount under petty cash expenses.

18 October 2012 Agreed with the expert


18 October 2012 agreed with the expert

18 October 2012 Thanks a ton....

18 October 2012 you can give advance 20,000 or more. But one thing to remember no bill which is adjusted with this advance must exceed 20,000/-.



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