http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees Information on Shelf Corporations, Aged Corporations and Business Credit Lines Thu, 07 Apr 2011 18:55:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees/comment-page-1#comment-178 ghost ghost Tue, 29 Sep 2009 03:02:59 +0000 http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees#comment-178 Credit the bank accounts Debit various expenses accounts (depeding on the nature of the exp) -eg. Overseas travel, gift to customers, Advertisement, telephones charges etc.......OR ACCRUAL accounts if you have accrued those expenses before hand.<br><b>References : </b><br> Credit the bank accounts
Debit various expenses accounts (depeding on the nature of the exp)
-eg. Overseas travel,
gift to customers,
Advertisement,
telephones charges etc…….OR
ACCRUAL accounts if you have accrued those expenses before hand.
References :

]]> http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees/comment-page-1#comment-177 Margaret R Tue, 29 Sep 2009 02:14:59 +0000 http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees#comment-177 Have the employees submit an expense report and use this to enter why the expense occurred and to check for actual valid expenses. This essential for tax reasons.<br><b>References : </b><br> Have the employees submit an expense report and use this to enter why the expense occurred and to check for actual valid expenses. This essential for tax reasons.
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]]> http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees/comment-page-1#comment-176 ann Tue, 29 Sep 2009 02:09:59 +0000 http://www.agedcorporationsecrets.com/corporate-credit/how-should-i-make-an-accounting-entries-for-the-expenses-incurred-out-of-corporate-credit-card-by-employees#comment-176 You would pay the employee the same as if they were any vendor, making an entry to whatever expense they incurred.<br><b>References : </b><br> You would pay the employee the same as if they were any vendor, making an entry to whatever expense they incurred.
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