Journal Entry For ESIC

If we have paid the salary without deducting ESIC earlier so what is the journal entry for booking of ESIC after that??
Replies (1)
Quick Summary
If ESIC was not deducted earlier, you first book salary expense and then create ESIC payable liability. Entry: Salary A/c Dr To ESIC Payable A/c (employee + employer share) To Bank/Salary Payable A/c. This adjusts missed deduction and records statutory liability correctly.

Suppose  You paying Salary to Mr  X  along  with deductions of  ESIC  and other . 

Salary                     A/c    Dr 

To Mr  X                 A/c                      Cr 

To ESIC                 A/c                     Cr 

To  P,F                   A/c                      Cr 

To Professional  Tax     A/c              Cr 

(  Booking  of   Salary  expense  and other  deductions  Including  ESIC )  

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