Hi ,
we got commission through NEFT if i pass this entry as a Contra so there are no effects in P & L ( As a indirect income) similarly i paid rent through NEFT payment. How can solve this problem.
Please reply ASAP.
Thanking you.
Menu
Question
Replies (2)
Why contra??
Entries should be
Bank A/c Dr.
To Commission received
Rent A/c Dr.
To Bank A/c
Because the transaction is being through Bank to Bank and in tally; if transaction done through bank to bank it will pass in contra voucher. so that's why i am asking. can i pass in receipt and payment voucher in tally. I already know the entry, only confuse in voucher.
Recent Topics :
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
Related Topics :
CAclubindia
