Journal Entry

This query is : Resolved

farook (Querist)
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20 February 2020 Dear Expert,

Our Auditing concern team paying the tds amount and Corporate affairs amount through by their bank and they send the receipt itself

And we are paying the amount that particular amount through by our bank to the auditor

How can we book expenses entry for that

Please advise

Amol S Joglekar

Amol S Joglekar (Expert)
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20 February 2020 you can book directly if you want. And if it is taking say 2-3 days to get the receipt, you can open his account in your books of accounts and route the entries accordingly

farook

farook (Querist)
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20 February 2020 Dear Sir,
Thanks for the reply

I can book payment entry already

I didnt pass the expenses entry

Can you please i have to pass expenses entry or not or else directly book payment entry

Amol S Joglekar

Amol S Joglekar (Expert)
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20 February 2020 see, you are paying to your consultant on the strength of receipt received. Right?
So, either debit TDS credit Bank
Or, if you want to route out through consultant's account, you can do so

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