Accounts
rishabh bhandari s (bangalore) (38 Points)
04 March 2017rishabh bhandari s (bangalore) (38 Points)
04 March 2017
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 04 March 2017
CONVEYANCE EXPENSES OR TRANSFER EXPENSES
rishabh bhandari s
(bangalore)
(38 Points)
Replied 04 March 2017
Dear Sir,
Cn it be treated as Transportation charges, as the employee is completely shifted to the other state, with his family, with all his house hold items...
Sanjay S
(Chartered Accountant)
(1375 Points)
Replied 05 March 2017
Transportation charges are usually incurred while transporting Goods. Its not relevant for employee travel charges.
In your case, you may either charge it to 'Staff Welfare Expenses' or 'Travelling Expense'.
If the amount is significant, you can account it under a separate head. eg. 'Employee Transfer Charges', etc.