Menu
Gratuity Provisioning
Whether all companies ( as per companies act ) are required to provide for gratuity ? supported by an actuarial certification ?
Replies (4)
When reserves are doubtful provisions is required
But how is provisioning possible here?
Dr. Gratuity
Cr provision?
Gratuity is a liability and so a seperate provision must be created out of what?
If we act like an accounting techie
Dr. Gratuity expense in income statement
Cr. Gratuity liability
Thankyou. Any other reply by fellow members?
GRATUITY PROVISION IS GENERALLY MADE ON GRATUITY CALCULATION.
ON BASIC SALARY AND DA
ON BASIC SALARY AND DA
Recent Threads
- Deduction of TDS certificate
- Capital Work-in-Progress (CWIP) Impact due to Retr
- GST Invoice Amendment - Query
- ESOP related query
- Help for GST Return
- Eway bill correction
- How to show buyback share income?
- Department Audit under GST
- Replacement of machine
- Bug in ITR-2, Schedule TDS, Sub-section TDS-3 (TDS
Related Threads
CAclubindia
