Salary entry
This query is : Resolved
SAMIR DESAI
(Querist)
29 February 2012
DEar Sir,
how to pass salary entry in tally account if employee A salary is Rs.15000,B salary is 15000 & both P.tax deducted 200-200 & esi also dedcuted 262-262 than how pass etry n my tally account pls guide me
how to pass salary entry in tally account if employee A salary is Rs.15000,B salary is 15000 & both P.tax deducted 200-200 & esi also dedcuted 262-262 than how pass etry n my tally account pls guide me
Guest
Guest
(Expert)
29 February 2012
Pass the following entries:
1. For provision of salary i.e. booking expenses:
Salary A/c Dr. 30000
To P Tax Paya. A/c 400
To ESI Payable A/c 524
To Employee A A/c 14538
To Employee B A/c 14538
2. On Payment of salary, P Tax & ESI:
Employee A A/c Dr. 14538
Employee B A/c Dr. 14538
P Tax Paya. A/c 400
ESI Payable A/c 524
To Bank A/c 30000
Above payment entry can also be passed seperately for salary, P Tax & ESI.
1. For provision of salary i.e. booking expenses:
Salary A/c Dr. 30000
To P Tax Paya. A/c 400
To ESI Payable A/c 524
To Employee A A/c 14538
To Employee B A/c 14538
2. On Payment of salary, P Tax & ESI:
Employee A A/c Dr. 14538
Employee B A/c Dr. 14538
P Tax Paya. A/c 400
ESI Payable A/c 524
To Bank A/c 30000
Above payment entry can also be passed seperately for salary, P Tax & ESI.
SAMIR DESAI
(Querist)
29 February 2012
tHAX SIR & HOW PASS ENTRY OF EMPLOYER LIABILITY OF ESI
Guest
Guest
(Expert)
29 February 2012
For emplolyer contribution pass following entries:
1. To book expenses:
Staff cost/ Employer contri. to ESI A/c Dr.
To ESI Payable
2. For payment
ESI Payable a/c Dr.
To Bank a/c
1. To book expenses:
Staff cost/ Employer contri. to ESI A/c Dr.
To ESI Payable
2. For payment
ESI Payable a/c Dr.
To Bank a/c
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