Ledger Scrutiny
This query is : Resolved
JATHIN HARI
(Querist)
05 April 2010
Dear Sir
If the ESI Employees Contribution ledger showing a debit balance, what are the probable reasons behind it and how to begin scrutinise in such a situation?
Dear Sir
If the ESI Employees Contribution ledger showing a debit balance, what are the probable reasons behind it and how to begin scrutinise in such a situation?
kartik_somu
(Expert)
06 April 2010
credits in the account will be on account of deduction entry from salaries and debits will be on account of transfer of the amount to employer contribution A/c for remittance.
Difference may be on account of short deduction entry or excess amount transferred to employer cont A/c.
Difference may be on account of short deduction entry or excess amount transferred to employer cont A/c.
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