Accounts
This query is : Resolved
22 February 2012
Dear Sir,
My company make profit arount this year 40,00,000 than i want to take insentive to my 5 marketing staff than how much maximume insentive give them & this insentive take less in P&l account,& how pass this insentive entry in my tally account
My company make profit arount this year 40,00,000 than i want to take insentive to my 5 marketing staff than how much maximume insentive give them & this insentive take less in P&l account,& how pass this insentive entry in my tally account
12 May 2012
1. The percentage of incentive depends on the management. There is no hard & fast rule for incentive.
2. Entry:
Incentive A/c Dr
To Bank A/c
3. This will be taxable in the hands of the employees.
2. Entry:
Incentive A/c Dr
To Bank A/c
3. This will be taxable in the hands of the employees.
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