What are entertainment expenses in business

[sadiksojib35]

In addition to competent marketing, advertising and communications, there is another effective way to stimulate the development of partnerships and cooperation with clients. These can be business events of various formats, where it is important to demonstrate respect for the participants and form a positive image of your own organization.

Lyubov Lukyanova, financial director of the ecuador whatsapp number data company "Neskuchnye Finansy" told what entertainment expenses are in business, what they include and how to correctly record them in accounting.

Subscribe to RB.RU in Telegram
Content:

What expenses fall under the classification of "representative"
The relationship between entertainment expenses and income tax
Criteria for determining representation costs
Documentary evidence of entertainment expenses
Limits on representation expenses
How to account for entertainment expenses


What are entertainment expenses in business
Representative expenses are all the company's expenses aimed at establishing or maintaining loyal communications between partners. For this purpose, business meetings are held: breakfasts, meetups, gatherings, etc. The expenses for these events are called "representative".

The tool helps businesses achieve their goals. At the same time, it is important to regulate the payment of entertainment expenses at the legislative level. In today's article, we will consider the key aspects of entertainment expenses.

On the topic. Three factors of business strength: how an entrepreneur can grow despite everything

Free up your time and earn more with AI! Take the course and get the best solutions for solving business problems as a gift.