How to pass provision entry in tally

Accounting Entries 46276 views 7 replies

Dear Sir,

 

Please help me How to pass provision for expenses entry in accounting books

 

Regards,

Vishwanath Kumbar

Replies (7)
Quick Summary
Provision for expenses is created by debiting expense and crediting provision account. Entry: Expense A/c Dr To Provision A/c. On payment: Provision A/c Dr To Bank/Cash A/c. Used to record unpaid expenses in books.

Provision for expense A/c(P&L) A/C Dr.

Provision for expense A/c(B/S) A/C Cr.

 

If u want to create a provision for any expenses, then the entry will be

      Expense a/c    Dr (charged to p&l a/c)

              To Provision for exp's (shown it in B/S)

 

On Payment of those exp's, the following Journal entry will need to be passed

    Provision for exp's a/c  Dr (Reduce the provison amount in B/S w.r.t the expenditure u met)

           To cash/Bank a/c        (decreasing Cash/Bank bal)

/forum/tally-erp-9-sample-reports--244467.asp#.UVkwcZMZ115

Thanks,,,,,,,

Gst paid amount how to entry pass in tally 

Can you please clarify your question? Do you mean to ask how to pass entry in tally for GST paid?

how to pass the GST set off & Gst paid entery in  tally

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details