Staff salaries pay through on sb or current bank account
This query is : Resolved
04 July 2021
Sir,
It assess salaries paid to staff through on sb or current bank account payable correct procedure.
It assess salaries paid to staff through on sb or current bank account payable correct procedure.
04 July 2021
Thru current account.
In case of proprietorship concerns, it can be transferred thru SB account too but for easy identification, current account is preferred even in this case.
In case of proprietorship concerns, it can be transferred thru SB account too but for easy identification, current account is preferred even in this case.
05 July 2021
It hardly makes any difference for payment from Saving Account or Current Account. One may do according to convenience, however it is advised that one should the same account consistently for proper accounting and control.
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