how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ?
or how to pass the entry for that ?
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1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help
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