04 November 2015
We have paid Rs4800/- towards room rent and food expense of 1 Board member which comes for the board meeting. on which head we can expense the same
.Thanks
As per my expereince, if you open one account head "Meeting Expenses" and debit all the expenses towards the board meeting in that head, easy for us to catch, howmuch meeting held, howmuch we spend, where we can organise the meeting lesser cost etc., we can take decision.
CAclubindia
