Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2011 HELLO EVERY ONE

HOW TO TAKE DUE ENTRY IN TALLY IF I HAVE A BILL OF 250000 OF A PARTY ( ABC CO.) WHO DESIGN THE OFFICE SETUP , AND I HAVE DEDUCT TDS 10%

THAN HOW TO TAKE ENTRY IN TALLY ERP 9

PLEASE GUIDE ME
WITH THANKS

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

02 August 2011 1st Method:

On bill booking-
Office Designing Fees A/c Dr...250000
To TDS Payable A/c 25000
To ABC Co. A/c 225000

On Payment-
ABC Co. A/c Dr...225000
To Bank A/c 225000

On TDS Payment--

TDS Payable A/c Dr..25000
To Bank A/c Rs 25000

2nd Method...

On Booking--

Office Designing Fees A/c Dr...250000

To ABC Co. A/c Rs 250000

For TDS deduction

ABC Co. A/c Dr..25000
To TDS Payable A/c 25000

Rest same....

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok