Hi all, I have a quary regarding how to divide the expenses in office.Postage,Printing,courier,etc is fine but what about staff welfae & office expenses? There are some expenses like purchase of bisleri bottles,purchased cake for one of our employee,etc.How this to be treated?
Re: FBT
by deepak nair on Jan 01, 2009 02:52 PM Permalink
sir, we can open a separate head of staff welfare expenses under the 'indirect expenses'. this account will invite FBT. since the expenses of bisleri bottles, cakes etc are for employees.
