The sworn statement must include the name and contact details of the relevant employee, the location of the fee, the nature and amount of the fee and the signature of the photo retouching relevant employee of the supplier or service provider to whom the fee was paid. Ideally the sworn statement should also be accompanied by a bank statement. Expense Reporting and Accounting All expense reports must be processed into bookkeeping.
This means doing the following to add anpurchase journal by debiting the expense account associated with that specific type of expense. If this all seems complicated let’s keep it simple Step 1 Record expenses in purchase journal A purchase journal or purchase journal is an accounting register of all the expenses paid by a company such as goods, major materials and general running costs. Expense reports are no different and need to be included in the log.