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FOOD EXPENSES

anji (ACCOUNTANT) (142 Points)

09 June 2018

supplier came my company launch provided so how to entry in tally and under the which head

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10 Replies

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 09 June 2018

You can enter as "SALES PROMOTION - Expenses" under indirect Expenses...

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Vinod Babu (24191 Points)
Replied 09 June 2018

Good answer Raja sir 👍

Prachi Bansal (3129 Points)
Replied 07 April 2021

any hotel expenses beared by the company comes under which expenses?

CMA Poornima Madhava (CMA) (13112 Points)
Replied 07 April 2021

Originally posted by : anji
	supplier came my company launch provided so how to entry in tally and under the which head

You may account it as entertainment or business promotion expenses.

Prachi Bansal (3129 Points)
Replied 08 April 2021

I understood business promotion expense but why do you think that it should come under entertainment expenses?

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CMA Poornima Madhava (CMA) (13112 Points)
Replied 08 April 2021

Originally posted by : Prachi Bansal
	any hotel expenses beared by the company comes under which expenses?

Hotel accommodation expense of employees related to business forms part of travel expense in general. You may either account it as part of Travel expense or separately as Boarding/Lodging/Hotel-accommodation expense.

Prachi Bansal (3129 Points)
Replied 13 April 2021

Got it now. Thankyou for the information!

Ayush Lakhotia (43 Points)
Replied 20 May 2021

But sir when we go for dinner or lunch with family we pay the bill from business account what will be entry please tell me sir

Prachi Bansal (3129 Points)
Replied 22 May 2021

Originally posted by : Ayush Lakhotia
	But sir when we go for dinner or lunch with family we pay the bill from business account what will be entry please tell me sir

What will be the entry for the same?