I have currently started working in transport (freight) company. I have to make a legder of a prticular truck and have to do enteries in it from their ledger rgister. The took service from some mechanic. So how can I book this in tally erp system and which head should I DR and what should I need to CREDIT?

is Gratuity provision made yearly basis and Gratuity allowable on Paid basis under section 43B before filing of ITR of income Tax.

Installation of life line rope at rooftop will it be considered as capex or opex

Salary A/c Dr. ( Cost of the Company)
To Employees Contribution to EPF Payable
To Employer Contribution to EPF Payable
To Employee Contribution to ESI Payable
To Employer Contribution to ESI Payable
To Gratuity Payable
To Professional Tax Payable
To TDS Payable
To Advance Adjustment against Salary
To Salary Payable
is mandatory to separately show Employees and Employers contribution of EPF and ESI Payable in books of Accounts.

is Gratuity calculated on Monthly Basis and Deposited it Monthly Basis
what is method of calculation of Gratuity and Bonus.

hello

Partnership firm whose turnover up to 100 crore is required to prepare vertical balance sheet from F.Y 2024-25 onwards???

How to make Debtors and Creditors Reco.
What to add In Debtors and Less Creditors
What to add in Creditors and Less Creditors
If Transaction involves
Sale - Purchase
Payment -Received
Discount Given- Discount Received
TDS paid - TDS Receivable
Round off.

Sir,
during the Fy 2023-24 we have made bank payment entry for Rs. 200/- Rates & Taxes for some expense and balance sheet and return also already filed, now during the FY 2024-25 we have found that such payment is not made during the year 2023-24. its result our bank transaction not tallied .

Now we want rectify the above mistake shall we pass the receipt entry during the fy 2024-25 or other method

Please solve the above query.

A Motor Car (one of 3 Motor cars in books) was already sold on 2020-21 and accordly Motor Car (WDV amount) was reversed. But due to some mistake Depreciation under Comanies Act was charged in 2021-22, 2022-23 & 2023-24. But as per Income Tax Act there was no mistake. How to rectify the error in 2024-25. What entry(ies) to be paased?

please suggest.

Particulars Dr. Cr.
E-Salary Wages 6,49,389
E-Company's cont. to PF 1,08,905
E-Bonus 32,812
E-Gratuity 24,571
E-Leave Encasement 49,118
L-Gratuity payable 24,571
L-Leave Encasement payable 49,118
L-Salary payable 7,91,106
Total 8,64,794 8,64,794