Tally erp
This query is : Resolved
09 May 2012
TDS entry ka exmp.
pls step by step
entry kis kis me hogi
pls infomation
pls step by step
entry kis kis me hogi
pls infomation
10 May 2012
Supposed you recd a bill of Marketing expenses from contractor of Rs.35000 and you make a payment after tds deducted @ 1% then entry will have.
1. First you Have creat leadger of Marketing Expenses
Marketing Expenses
Under- Selling Expenses
2nd Ledger will Creat of
Tds On Contractor
Under -Duties & Taxed-Tds
3rd Leager will Creat of
Contractor
Under-Sundry Creditor
Entries
1. Marketing Expenses A/c Dr.35000.00
Contractor Cr 35000.00
2.Contractor A/c Dr. 350.00
To Tds on Contract Cr. 350.00
(Being Tds Deducted @ 1%)
3.Contractor A/c Dr.34650.00
To Bank A/c Cr.34650.00
1. First you Have creat leadger of Marketing Expenses
Marketing Expenses
Under- Selling Expenses
2nd Ledger will Creat of
Tds On Contractor
Under -Duties & Taxed-Tds
3rd Leager will Creat of
Contractor
Under-Sundry Creditor
Entries
1. Marketing Expenses A/c Dr.35000.00
Contractor Cr 35000.00
2.Contractor A/c Dr. 350.00
To Tds on Contract Cr. 350.00
(Being Tds Deducted @ 1%)
3.Contractor A/c Dr.34650.00
To Bank A/c Cr.34650.00
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