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
CMA Ramesh Krishnan
(Expert)
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
CMA Ramesh Krishnan
(Expert)
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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