Page1of 3

ACCOUNTING HEADS OF

S. NO. INCOME / EXPENSE

I T E M S

C O V E R E D- PROPOSED

1 Basic salary 2 Performance Salary

Basic portion of total salary payable to employees excluding any reimbursement part. Incentive paid to staff over and above their Basic salary on performance

Incentive paid to staff on extraordinary performance for a project

3 Incentive to Staff 4 House Rent Allowance 5 Transport Allowance 6 Site Allowance 7 Site Visit 8 Stipend Account 9 Recruitment Expenses 10 Telephone expenses 11 Telephone expenses reimbursement 12 Medical Expenses reimbursement 13 Staff Welfare (In office) 14 Staff Welfare (Out of office) 15 Staff Insurance 16 Festival Expenses 17 Income Tax 18 Service Tax 19 Office maintenance 20 Conveyance Expenses - Employees 21 Travelling Expenses -Domestic 22 Business Development
House rent allowance portion of total salary payable to employees.

Transport allowance portion of total salary payable to employees.

Allowance portion of total salary payable to employees on Site Duty Allowance portion of total salary payable to employees on Occasional Site Visits other than during office hours, only if we bill the client for such visits Stipend/apprenticeship charges paid to trainees . Charges paid to consultant or for advertisement in newspaper or any other periodical for recruiting new staff or and their interview, screening, induction etc. Telephone expenses reimbursed to office staff with salary on production of monthly telehone bills

Petty telephone expenses incurred by field staff for official purposes Medical expenses reimbursed to office staff with salary on production of monthly medicines bills. Lunch/dinner expenses for staff IN THE OFFICE (on late duty/statement day/ Sunday/Holiday etc.) Lunch/dinner expenses of staff OUTSIDE THE OFFICE PREMISES. Staff insurance premium paid Diwali expenses & other expenses on festivals. Icome Tax paid EXCLUDE Filing fees of Company's Annual Return and Other Forms in Companies Act

Expences for the Maintenance of the Office Premises Conveyance charges paid to staff for going home late night after OFFICIAL duty. Expenses of travelling within India for office purposes including expenses incurred for stay and lunch/dinner Expenses incurred on Brochures/ Web presence, hosting, site development, letters, etc.

Prepared by NAPS

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ACCOUNTING HEADS OF

S. NO. INCOME / EXPENSE

I T E M S

C O V E R E D- PROPOSED

23 Travelling Expenses -Foreign 24 Free/Concessional tkts to staff 25 Cellular Phone Expenses 26 Telephone Expenses 27 Telephone Expenses (Petty) 28 Courier Expenses 29 Postage Expenses 30 Laisoning Expenditure 31 Printing & Stationery 32 Vehicle insurance (Non commercial) 33 Vehicle insurance (Commercial) 34 Lease Rent 35 Rent 36 Guest House Rent 37 Guest House Rent payable 38 Legal & Professional Charges 39 Consultancy Charges 40 Professional Tax 41 Software Expenses 42 Membership fees

Expenses related to travel outside India ,including official expenses incurred outside India. Any amount of concession or free tkts given to Employees will be debited to this account Expenses of mobile phones owned by the company and used by the employees Telephone expenses of landline phones installed in office premises. Telephone expenses incurred by despatch or other staff in the field for official calls made from paid booths etc.(Other than telephone calls charges paid through monthly bills). Sending Drawings, claims,letters, etc. Expenses related to postage stamps purchase, letter post/registered/speed post etc.

Various agents Forms of all types including passport forms, Paper for printers. Insurance charges paid for cars, scooters, motor bikes and other vehicles used for office.(I.e. vehicles held for other than commercial purpose) Insurance charges paid for vehicles held for commercial purpose (e.g. Qualis etc.) Office Rent Rent of office premises. Rent of flats, guest houses and other accommodation for employees and guests. Guest house rent payable referred in 30B above will come in this account Fee paid to Lawyers/ auditors for audit work Consultancy charges Internal paid to any consultant (e.g. Sales tax / Income tax / Company laws / PF / ESI / Management consultancy,Advisory service).ONLY CONSULATNCY Will be debited by professional tax of employer All expenses related to maintenance and upgradation of software. Membership fee paid to Professional Socities/ bodies

43 Newpapers, Books & Periodicals Expenses Paid for various Magazines/ Periodicals 44 Security Expenses
Charges paid for Security services at office premises

Prepared by NAPS

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ACCOUNTING HEADS OF

S. NO. INCOME / EXPENSE

I T E M S

C O V E R E D- PROPOSED

45 Text / Reference Books 46 Meeting & Conference Expenses 47 Advertisement Expenses

Any books purchased for use at office. Expenses incurred for holding any meeting Expenses incurred for giving any advertisement in any newspaper/magazine/TV or Radio channel/Newsletter/periodical etc.for the purpose of business. Petrol and Diesel for Non commercial vehicles (I.e. Vehicles used by

staff) 48 Vehicle Fuel Expenses- Non commercial

49 Vehicle Fuel l Expenses- Commercial 50 Car Expenses 51 Business Promotion Expenses 52 Sales Promotion Expenses 53 Office Purchases 54 Electricity & Generator Expenses 55 Guest House Charges

Petrol and Diesel for commercial vehicles (Cars- etc.) Payment of hire charges of cars taken on hire and given to Clients as complementary service). Expenses of snacks, lunch, dinner with client/customer. NO ENTRY WILL BE PASSED IN THIS ACCOUNT .(and all entries of this nature will be passed in Business promotion a/c). General Items of office (e.g. crockery, photoframes, small electrical items etc) Monthly or Bi-monthly power/electricity charges (As per electricity bills). Electricity Charges and other maintenance charges for Guest House will be debited to this account

56 Repair & Maintenance- Equip & Machinery Maintenance/AMC and repair charges relating to Plotter 57 Vehicle Maintenance (Non commercial) 58 Repair & Maintenance- Building 59 Repair & Maintenance - Others
Computer maintenance / Computer expenses /
Repair and maintenance charges of vehicles held for other than commercial purpose (i.e. cars, scooters, motor bikes etc.) House keeping charges such office cleaning and maintenance expenses. Repair expenses other than of vehicles, computers, buildings and office equipments.

60 61 Bank Charges 62 Short & Excess expenses 63 Donation 64 Interest on bank loan

Maintenance/AMC and repair charges relating to Computers Amount charged by bank for services rendered (e.g. Cheque-book charges,DD charges, amount debited on dishonour of cheque etc.) Very small expenses or adjustments not classifiable under any other accounting head. Donation made to nay charitable association. Interest paid on Bank Cash credit / Overdraft limits. Interest portion of secured Non commercial vehicle loans repaid

during the year. 65 Interest on Vehicle Loans (Non commercial) Interest portion of secured Commercial vehicle loans repaid during

66 Interest on Vehicle Loans (Commercial) the year. 67 Interest on Other Loan 68 Audit expenses 69 Finance charges
Interest portion of secured/unsecured loans other than vehicle loans, repaid during the year. Expenses for Lunch/dinner/snacks with auditors ( ISO,etc) EXCLUDING Internal auditors. Any charges/commission paid for sanctioning higher Cash credit/OD limit.

Prepared by NAPS