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Advance salary
advance salary entry
Replies (8)
As per my view first it will be enter as Advance. After that You can journal to salary head...
If You are not satisfied then prepare a ledger as Advance Salary and enter the same as salary....
If You are not satisfied then prepare a ledger as Advance Salary and enter the same as salary....
Under loan and advance
Yes... You can account the advance under "Loans and Advances - Current Asset" head.
@ sumit
employee advance with employee code. dr.
cash /bank cr.
salary dr.
cr.advance
with proper narration.
employee advance with employee code. dr.
cash /bank cr.
salary dr.
cr.advance
with proper narration.
Staff Advance a/c Dr.
To Bank/Cah /c Cr.
At the time of recovery
Salary Payable a/c Dr.(for which every month entries would have passed)
Salary Advance a/c Cr.
Staff Advance a/c Dr.
To Bank/Cah /c Cr.
At the time of recovery
Salary Payable a/c Dr.(for which every month entries would have passed)
Salary Advance a/c Cr.
Narashiman
salary payable cr..
should be there..
Any advance given should follow these rules
1. salary advance should not be more than half months salary drawn by him.
2. Any salary advance given to any employee should be given with proper concurrence of departmental head and finance head.
salary payable cr..
should be there..
Any advance given should follow these rules
1. salary advance should not be more than half months salary drawn by him.
2. Any salary advance given to any employee should be given with proper concurrence of departmental head and finance head.
What the chap of above post is writing ?
Whose rules ? Under what ? what for ?
is this complimentary from that Chap ??
------
First part of above post is a good talented novel reply !!!
Whose rules ? Under what ? what for ?
is this complimentary from that Chap ??
------
First part of above post is a good talented novel reply !!!
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