Tds

This query is : Resolved 

10 February 2012 If we are deducting payment from commission payable to a individual, it is necessary that in the books of accounts we need to credit ( creat leder of the individuals ) or can pass entry in sundry creditors

11 February 2012 your query not clear about the commission nature whether expenses or income, so if the commission is income for you, need to credit income , if expenses nature then need to debit expenses

11 February 2012 please elaborate the query if it is related to TDS

12 May 2012 Sundry Creditors is a group. You should create separate ledger for each and every creditor for better control and monitoring.


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