Salary received entry in tally
This query is : Resolved
19 May 2014
my salary statement has the following heads Basic salary,Sp all,LOP,PF,ESI,Profession tax,TDS & net salary
When i want to book salary in tally , how should i do it ? What is the Heads of those Payroll ? Is it will be Capital or What?
2. What is the Entry when I am getting Salary of March in April?
Should I booked in March PLZ...... Advice
iTS URGENT
When i want to book salary in tally , how should i do it ? What is the Heads of those Payroll ? Is it will be Capital or What?
2. What is the Entry when I am getting Salary of March in April?
Should I booked in March PLZ...... Advice
iTS URGENT
19 May 2014
I suggest to do separate entry for all the receipts by u. This will also help u in preparation of ITR's.
Salary Dr
Allowances Dr
To Bank
And these r expenditure for the company do not treat it as capital.
Entry will b done on the month of receipt. Well u must show payable salary for the month of march.
Salary Dr
Allowances Dr
To Bank
And these r expenditure for the company do not treat it as capital.
Entry will b done on the month of receipt. Well u must show payable salary for the month of march.
19 May 2014
Actually I am getting the salary , so what should I do entry in my books under which heads? plz suggest
19 May 2014
It will b treated as ur Indirect Income.
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