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SUMIT BADYAL   27 November 2019

Paytm amount

paytm come under which head,when we received amount of sale in paytm and later transfer to company bank account from paytm...


 8 Replies

Dharmender kumar Jha

Dharmender kumar Jha (Accountant)     27 November 2019

What is the nature....? pls elaborate
SUMIT BADYAL

SUMIT BADYAL   27 November 2019

Nature is that,we sale goods and customer pay in paytm after that we transfer money in bank account
Dharmender kumar Jha

Dharmender kumar Jha (Accountant)     27 November 2019

This will be treated as like your bank account
SUMIT BADYAL

SUMIT BADYAL   27 November 2019

Xyx a/c Dr
sale a/c cr

paytm a/c Dr
xyx a/c cr

bank a/c Dr
paytm a/c cr

is this right entry?
Dharmender kumar Jha

Dharmender kumar Jha (Accountant)     27 November 2019

Right one ...... proceed with this
1 Like
Pankaj Sehoriya

Pankaj Sehoriya   18 March 2021

Cashless is a boom now a days… How to deal with such transactions in tally? 1. Paytm payment bank 2. SBI Buddy 3. BHIM etc.

 

Spurto Consultancy Services

Spurto Consultancy Services (Consultant)     18 March 2021

It will be a current account under bank 

Akshay Poriya

Akshay Poriya ((artical assistant))     19 March 2021

Paytm wallet is covered under the head of cash and cash equivalent.

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