Dear All,
If a company provide a office Picnic for all of their staff's & their family then all the expenses related to the Picnic comes into the Company Accounts under which head???
Regards
INDRA
Indrajit Mondal (Service) (142 Points)
30 December 2008Dear All,
If a company provide a office Picnic for all of their staff's & their family then all the expenses related to the Picnic comes into the Company Accounts under which head???
Regards
INDRA
Jitender
(Chartered Accountant)
(8724 Points)
Replied 30 December 2008
staff welfare or staff entertainment.
Heemanshu Malik
(PCC STUDENT)
(132 Points)
Replied 30 December 2008
Hi Indrajit
We can debited the Staff Welfare or Staff entertainment head ( Indirect Expenses)
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 30 December 2008
It will come under staff welfare and would be liable to FBT
sandeepverma
(don't make exuse for study)
(304 Points)
Replied 30 December 2008
STAFF WELFARE EXPENSE
R.Suresh
(Sr. Executive)
(394 Points)
Replied 31 December 2008
Debit Staff Entertainment or Welfare account as indirect expenses only