Salary entry
This query is : Resolved
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.
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
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
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Eway bill for machinery reparing
- Applicable TDS for Purchase of Flat from NRI
- Form 10BD Filling
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Taxation in the hands of Landowner under JDA
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
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
CAclubindia
