Receipt entry from General Insurance
This query is : Resolved
18 December 2021
Sir,
I am Newly join hospital industry please suggest as follows
When received the Amount from Medical Insurance Claim from Insurance company of One Patient Total Bill amount of Rs. 100000/- details as follows
Receipt of Rs. 75000/-
Deduction : - MOU Deduction of Rs. 10000/-
disallowed of Rs. 5000/-
TDS of Rs. 10000/- (10%)
Please suggest the Receipt Entry
Durga Prasad
New
I am Newly join hospital industry please suggest as follows
When received the Amount from Medical Insurance Claim from Insurance company of One Patient Total Bill amount of Rs. 100000/- details as follows
Receipt of Rs. 75000/-
Deduction : - MOU Deduction of Rs. 10000/-
disallowed of Rs. 5000/-
TDS of Rs. 10000/- (10%)
Please suggest the Receipt Entry
Durga Prasad
New
18 December 2021
Cr. Insurance company Rs. 95,000/-
Dr. Bank Rs. 75,000/-
Dr. Commission paid acc Rs. 10,000/-
Dr. TDS acc Rs. 10,000/-
Dr. Bank Rs. 75,000/-
Dr. Commission paid acc Rs. 10,000/-
Dr. TDS acc Rs. 10,000/-
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