Whether Personal expenses (as drawing ) can be opened in separate Group in accounts

This query is : Open

Daya (Querist)
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27 August 2023 Bank expenses ( Drawing) For Bank expenses
Medi-claim Expenses For Health Insurance for section 80C
Life insurance expenses for Life Insurance paid For section 80D
Donation for Donation paid for Donation paid under section 80G
Travelling expenses To Know separate total expenses incurred
Drawing ( for other expenses )

RAJA P M

RAJA P M (Expert)
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27 August 2023 Yes, You can open and account the expenditure in separate heads. Finally you can transfer drawings related expenditures to the drawings...