Outstanding salary entry ?

1. If employee account is maintained.

a) If short amount paid, outstanding will automatically reflect in his account

Salary Dr. 100
To Employee A/c 100

Employee A/c Dr. 80
To Cash/Bank 80

So, 20 outstanding will be shown as credit balance in his account.

b) If full amount has been paid and any arrear/outstanding is found later, then credit the employees account for that amount only

Salary Dr. O/S amount
To Employee A/c

2. If employee account is not maintained.

Salary A/c Dr. O/S amount
To Salary Payable

Originally posted by : Vinod Bhatti
	Thnx to all.. query resolved

You are most welcome dear

Originally posted by : Vinod Bhatti
	Thnx to all.. query resolved

Thank You for Stopping this One...