Dear Sirs,
Can Anyone suggest me that what entry should be passed in tally for Employee Salary where ESI & EPF has been deducting from salary & also employer contribute in ESI & EPF as well as.
for ex.
1. Salary- 8000.00
2. ESI- 140.00
3. EPF- 780.00
4. Payable (1-2-3)- 7080.00
5. ESI- 380.00
6. EPF- 780.00
where 2 & 3 is employee contribution and 5 & 6 is employer contribution.