21 February 2020
PLEASE INFORMING TO PASS THE JOURNAL ENTRY & PAYMENT ENTRY FOR TALLY ERP9
*LATE FEE TDS INTEREST PAID *
ONLY PAYMENT ENTRY OR NOT.
JOURNAL ENTRY REQUIRED NECESSARY OR NOT. HOW CAN LEDGER TALLY BOTH.
22 February 2020
I think there is no need to book journal entry for creating liability for late fee for TDS just need to show TDS late fee payment entry in books
Entry should be
TDS late fee (indirect Exp.) A/c. Dr.
Interest on TDS (Ind. Exp.) A/c . Dr.
To Bank A/c