29 June 2012
YES IT IS LIKE ADVANCE GIVEN TO YOU ONE EXPENDED YOU CAN GET REIMBURSED AND IF YOUR COMPANY ISSUES THAT IMPRESST ACCOUNT LETTER THEN YOU CAN KEEP THAT MONEY AND IT IS IDEAL FOR YOU YOU MAINTAIN SEPARATE SAVINGS A/C FOR THIS IMPRESST MONEY AFTER ALL A Os MAY MAKE IRRATIONAL VIEW THAT MONEY IS YOUR OWN AND INCLUDE IT AS INCOME. ALWAYS BETTER MAINTAIN SEPARATE S/B A/C IF IMPRESST ACCOUNT MONEY IS MUCH MORE THAN YOUR REMUNERATION!
CAclubindia
