Salary entery pass


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Querist : Anonymous

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Querist : Anonymous (Querist)
27 June 2012 Dear sir
if i received basic salay -22000/- and hra 6500/- and conveyance allowance 1500/-
than what entry pass in tally. and whats ledger need to open for it.
and what is the group of HRA and C.A

27 June 2012 In the books of recipient, following ledgers shall be created:

Basic Salary
HRA
Conveyance Allowance
(All under direct income)

Entry will be as under:

Salary Receivable A/c Dr
To Basic Salary
To HRA
To Conveyance Allowance

Bank A/c Dr
To Salary Receivable

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 June 2012 AND IF I PAY SALARY TO MY EMPLOYEE
THAN WHAT ENTERY PASS

28 June 2012 Salary A/c Dr
To Salary Payable

Salary Payable A/c Dr
To Bank


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