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Dear Sir,
Please help me How to pass provision for expenses entry in accounting books
Regards,
Vishwanath Kumbar
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
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