Entry in tally
This query is : Resolved
28 January 2014
When an employee is paid salary what will be the entry
28 January 2014
Hi
At the time of Credit of Salary: Basic Salary A/c Dr.
HRA A/c Dr.
Trpotation Allowance Dr.
To PF A/c
To ESIC A/c
To Professional Tax A/c
To TDS A/c
To Salary Payable A/c
At the time of Payment:
Salary Payable A/c Dr
To Cash/ Bank A/c
Thx
At the time of Credit of Salary: Basic Salary A/c Dr.
HRA A/c Dr.
Trpotation Allowance Dr.
To PF A/c
To ESIC A/c
To Professional Tax A/c
To TDS A/c
To Salary Payable A/c
At the time of Payment:
Salary Payable A/c Dr
To Cash/ Bank A/c
Thx
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