HELLO EVERY BODY
PLEASE TELL ME ANY ONE THAT
WHAT WILL BE ENTRY IN TALLY ERP 9 OF
SALARY PAID TO STAFF IF COMPANY IS GIVING EPF ANS ESIC ALSO
I MEAN TO SAY COMPANY HAS PAID 150000 SALARY TO STAFF AND 18000 EPF AND 6000 ESI
THAN WHAT WILL BE ENTRY IN TALLY
PLEASE TELL ME
THANKS
HELLO EVERY BODY
PLEASE TELL ME ANY ONE THAT
WHAT WILL BE ENTRY IN TALLY ERP 9 OF
SALARY PAID TO STAFF IF COMPANY IS GIVING EPF ANS ESIC ALSO
I MEAN TO SAY COMPANY HAS PAID 150000 SALARY TO STAFF AND 18000 EPF AND 6000 ESI
THAN WHAT WILL BE ENTRY IN TALLY
PLEASE TELL ME
THANKS
When become due : use F7 to enter into journal mode ( due date means mostly last day of the month)
Dr. Gross Salary Group it under Indirect Expenses 100000
Cr. Deductions : Like 30000
EPF - Contribution of employee (Group it under duties & Taxes)
Income Tax- (Group it under duties & Taxes)
Professional Tax. (Group it under duties & Taxes)
Salary Advance (Group it under Loans & Advances (Assets) )
Cr. Salary Payable ( Group it under Provisions or current Liabilities) 70000
When paid :
Dr. Salary Payable 70000
Cr. Cash / Bank 70000
But I found a solution given below for salary due.
in this these idividual a/c are opened under loan & advance.
they make cost centre under primery group for each employee also.
And when salary pd on next month on 1.5.09 they pass the entry as
salary exp. dr.
rahul bhatt 2400
jairam sain gupta 2100
shishir mathur 1500
ajit v nair 900 6900
To icici bank a/c 6900
so answer me that above entry for salary due is correct or not.
HELLO EVERY ONE
I NEED HELP IN TALLY ERP 9
I HAVE A NEW COMPANY
AND IT HAS BEEN OPEN IN FINAC. YEAR 2010 -2011
THAN
1 . MAY I CREATE COMPANY IN PREV. FINANC. YEAR AND CAN TRANSFER DATA IN CURRENT YEAR
2. CAN I MAKE PAYMENT TO SUPPLIER WITHOUT ANY FUND IN COMPANY . AND AS FUND COME I WILL MAKE ENTRY IN TALLY ,
PLEASE GUIDE ME
RIGHT NOW I HAVE CREATE COMPANY IN PREV. YEAR AND TAKING ENTRY ONLY PAYMENT TO SUPPLIER
EVEN I DONT HAVE BALANCE IN BANK BANK IS SHOWING NEGATIVE IS THIS ENTRY CORRECT ...
OR I CAN DEPOSITED CASH AND CHQ. IN SAME BANK TIME TO TIME...
when salry due
Dr to Salary a/c
Cr to Emply a/c (under Loans & advances head)
Cr ESI Payable a/c ( under C/L)
Cr PF payable A/c (Under C/L)
Cr TDS payable a/c( Under C/L)
(being salary due for the M/o __)
when payment made
Dr to Emply A/C
Cr To Cash/Bnak a/c
How to make entry if Agreement done for 15L
& we are paying in instalmen
like 1.5 signing amount
2.5L after 15days priciple of photography
2.5L after 25 days principle of photography
etc...
Dear all,
i am fresher in ERP
i am just learning.
please do help me
1) when we use JV for entry?
JOURNAL ENTRY FOR SALARY DUE BUT NOT PAID :
STAFF SALARY A/C ------ DR.
TO EPF - EMPLOYER CONTRIBUTION
TO EPF- EMPLOYEE CONTRIBUTION
TO EPF - ADMIN CHARGES
TO SALARY ADVANCE
TO TDS ON SALARY
TO PROFESSIONAL TAX
TO SALARY PAYABLE ( MEANS PAYABLE IN CASH / THRU BANK)
( THIS IS CONCEPT OF PASSING ENTRY AND ANY ONE CAN APPLY THIS IN ANY ENVIRONMENT)
Sir,
In Tally,
I forgot to enter a ledger name & amount in payments / receipts in a voucher. How to enter(Insert a line) between two ledgers.
Ex; Medical exp a/c.
general exp a/c
Between these a/c's I forgot a ledger name Entertainment exp a/c. Plz tell me the short cut key.
profssion fess recevied Rs. 15000
how to pass journel entry in tally erp9
press F6(receipt)
CR.....professional fees
DR.......cash / bank.
(in F6,first you should enter credit side then debit)
how to pass a entry in tally. That is I am working in a hotel accounts.
some people taken grocery from our store to other branch. Instead this
they paid the same amount.
How many entries to be passed.
Kindly help me.
CAclubindia
