TDS DUE ENTRY IN TALLY


This query is : Resolved 

31 March 2010 SIR PLEASE EXPLAIN WHAT IS THE ENTRY IN TELLY. WHEN TDS @2% IS 1500
AND TDS @ 2.06 % IS 500. THAN SIR PLEASE TELL ME WHAT IS THE ENTRY IN TALLY WHEN IT WILL DUE (JOURNAL MODE F7). THANKS IN ADVANCE.

31 March 2010 You can debit the expenes and credit the TDS payable ledger and balance you can credit party a/c

Dr: Expenses a/c
Cr: TDS payable a/c
Cr: Party A/c


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