Gratuity entries


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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2011 RESPECTED SIR,
I WANT TO KNOW HOW TO MAKE GRATUITY ENTRIES IN MY ACCOUNT BOOKS.
PLS PROVIDE ME ACCOUTING ENTRIES OF GRATUITY

Ravi Jhamb (Expert)
02 December 2011 You will make the provision of Gratuity by doing below entries:-

Gratuity A/c Dr.
To Provision for Gratuity A/c

At the time of payment to employee after completion of Job and Retirement.

Full Final A/c
Provision for Grauity
To Bank


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