Accounting Expense Booking

[imransb512]

My boss has incorporated a new company started operations. In last month company did profit while sale is fixed. But in next month company face a loss and the main reason is employment visa cost.
Please guide me Visa cost recorded as expense is right or I have to book it in the Company formation head under balance sheet asset side?
or share me right way to book this entry whose effect would be in Profit & Loss or Balance sheet.