We have a road line company. We'll give advance payment to drivers. They will produce receipts, bills and get advance for next tour. Will we adjust the petrol, batta, loading charges and RTO PAYMENTS in payment voucher itself or in the ledger of the drivers. how to do?Pushpa ! every payment which your company pays to drivers in advance should record in payment voucher. All payments of petrol, batta, loading charges and RTO payments will include in advance transport expenses. There is no need to create drivers ledger account if you have created advance transport expense ledger account. Driver or advance transport expenses account is personal account which will be adjusted in final accounts only because this not current year expenses.
Pushpa from India