Hi All
Firstly hello to all my friends. I want to discuss a query regarding down payment to employees. we are giving advance to employees through cash. Entry will be following
Vendor/Employee Dr.
Cash Cr.
I can make it through f-43 or f-48
But at the time of clearing employee gives any expense bill or cash and the entry takes place is below.
Cash/ Expense Dr.
To Vendor Cr.
how can i clear it.
Thanks & Regards
Rahul Bhardwaj