Enquiery
This query is : Resolved
06 September 2016
anish ks Points: 5 SIR,My Name is anish iam an mcom graduate iam working as an accountant in a company in kerala iwant to know the accounting entry for salary payable after deducting the loss of pay and loss of pay under which head we group under cureent liablity of indirect income and how account overtime with gross salary and pass jornal entry for salary payable any one please help me.
Read more at: https://www.caclubindia.com/forum/anish-k-s-370919.asp
Read more at: https://www.caclubindia.com/forum/anish-k-s-370919.asp
06 September 2016
you can debit salary account.
For overtime, you can open overtime account.
For loss of pay, you can open loss of pay account under the same group as that of salary
For overtime, you can open overtime account.
For loss of pay, you can open loss of pay account under the same group as that of salary
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
