Journal entry of salary
This query is : Resolved
03 July 2014
Dear All
my salary statement has the following heads basic salary 8000, hra 4000, conveyance allowance 800, medical allo. 1250,special. allow.5283, bonus Rs. 667.
when i want to book salary in tally , how should i do it in journal and at the time of payment.
salary for the m/o may is payable on 1st week of june.
please help me on this regard.
my salary statement has the following heads basic salary 8000, hra 4000, conveyance allowance 800, medical allo. 1250,special. allow.5283, bonus Rs. 667.
when i want to book salary in tally , how should i do it in journal and at the time of payment.
salary for the m/o may is payable on 1st week of june.
please help me on this regard.
Guest
Guest
(Expert)
03 July 2014
Salary a/c Dr ( basic +hra+conv)
Incentive a/c dr( Special allow )
Other allowance Dr ( all other all)
to salary payable
at the time of payment
Salary payable
to Bank
We usually do this when we used tally
Incentive a/c dr( Special allow )
Other allowance Dr ( all other all)
to salary payable
at the time of payment
Salary payable
to Bank
We usually do this when we used tally
04 July 2014
you can merge all in salary head.
8000+4000+800+1250+5283+667= salary as exp.
salary payable
to bank
8000+4000+800+1250+5283+667= salary as exp.
salary payable
to bank
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
- TDS 194-T applicability
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- GST ITC REVERSE
- TDS on TRUST
- Regarding Applicability of Tax Audit u/s 44AB
- Consolidated financials
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- FAST-DS Scheme - Foreign Assets
- 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?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
Quick Links
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CCI
Pro
CAclubindia
