In busy or tally accounting software
"Travelling" is an indirect expanse head with a budget of 10,000/-.
A bill for Rs.1000/- has been received from an employee (Amount is not paid)
How can I make an entry? Where the budget is reduced to 9000 and 1000 is shown as payable. After that, I transfer the funds to the employee's bank account. The amount payable should be zero.
YOU HAVE TO SET 'PRIMARY' AND NOT INDIRECT EXPENSES IN BUDGET
Budget Management for Businesses in Tally ERP 9 | Tally Solutions
BUDGET VARIANCE WILL SHOW THE DIFFERENCE BETWEEN YOUR BUDGET AND ACTUAL EXPENSE. EVEN IF IT IS IN PAYABLES STATE OR IN PAID THROUGH BANK STATE.
I made the head
Travelling Direct Expanse
Employee Sundry craditor
Journal Voucher
D Travelling 1000
C Employee 1000
Yes, It show in payable amount.
Payment voucher
D Employee 1000
C Bank Account 1000
Is this correct?
Yes it is absolutely right. Travelling expenses are indirect expenses.
Please check for double posting the same transaction
If possible, delete the transactions and enter them again.
Yes it is absolutely right. Travelling expenses are indirect expenses.
Please check for double posting the same transaction
If possible, delete the transactions and enter them again.
| Originally posted by : yasaswi gomes | ||
 |
double posting the same transaction |  |
means, please explain
you might have entered your
D Travelling 1000
C Employee 1000
entry two times.
CAclubindia
