JOURNAL ENTRY
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 September 2010
HELLO ALL,
PLEAE SUGGEST ME WHAT WILL BE J.E. FOR :
WE ARE NOT IN BUSINESS OF SERVICE WE ARE JUST TRADERS (SELLING GOODS)BUT PRESENT OUR OLD CUSTOMER SEND US AN EQUIPMENT FOR SERVICE/REPAIR SO WE HIRED A THIRD PARTY AND GIVE THE EQP. AFTER SERVICE AND HE WILL GIVE US PAYMENT THAN WE WILL PAID TO THE THIRD PARTY AND WE DONT HAVE SERVICE TAX NO.WE WILL ONLY DEDUCT TDS.
SO PLEASE SUGGEST ME WHAT WILL BE ENTRY IN TALLY .
THANKS,
HELLO ALL,
PLEAE SUGGEST ME WHAT WILL BE J.E. FOR :
WE ARE NOT IN BUSINESS OF SERVICE WE ARE JUST TRADERS (SELLING GOODS)BUT PRESENT OUR OLD CUSTOMER SEND US AN EQUIPMENT FOR SERVICE/REPAIR SO WE HIRED A THIRD PARTY AND GIVE THE EQP. AFTER SERVICE AND HE WILL GIVE US PAYMENT THAN WE WILL PAID TO THE THIRD PARTY AND WE DONT HAVE SERVICE TAX NO.WE WILL ONLY DEDUCT TDS.
SO PLEASE SUGGEST ME WHAT WILL BE ENTRY IN TALLY .
THANKS,
sudhakar ca cwa
(Expert)
16 September 2010
first tell me what is the amount.
if it is more then 10lakhs then dnt give the bill in ur name.
i assume that bill amount is less than 10lakhs
first entry
Service Charges (Exp)a/c dr
to creditor a/c
to tds a/c
debtors a/c dt
to services (income) a.c
if it is more then 10lakhs then dnt give the bill in ur name.
i assume that bill amount is less than 10lakhs
first entry
Service Charges (Exp)a/c dr
to creditor a/c
to tds a/c
debtors a/c dt
to services (income) a.c
Message likes :
1 times
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- GST input credit on commercial property
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
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
