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Compulsion of expenses

This query is : Resolved 

21 January 2015 dear sir i want to know that is there any compulsion on due of expenses . i know a entity which due there exp. on year end althought it pay its exp. monthly .

21 January 2015 did not understand your question pls reframe and elaborate.

22 January 2015 If bill is received and payment is made on monthly basis then such expenses should be booked on monthly basis only.


22 January 2015 expenses these relatd to the last year but on date of balance sheet bill not recd. then we take provision for that.

22 January 2015 expenses these relatd to the last year but on date of balance sheet bill not recd. then we take provision for that.



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