Dear sir/ Madam,
I have pvt ltd co. My account has passed only payment entry in pay. do we have to post JV also.
Pl. advice with ledger creation group and posting.
Regard,
Rajeev
Menu
Regarding rent posting in tally
Replies (2)
Yes, JV (or Purchase) entry would make life easy even to deduct tax at source wherever applicable.
1) Provision/Expense accounting*
Rent Dr
To Creditor
To TDS
2) Payment of rent:
Creditor Dr
To Bank
3) Payment of TDS:
TDS
To Bank
*Add GST wherever applicable
Agree with poornima
Recent Threads
- Best CA Inter Costing classes
- Best CA foundation classes
- Best CA coaching in Laxmi Nagar
- TDS on DDA Flat Purchase
- Can CA Foundation be done without coaching
- Department issue notice to client to pay TC
- Income from profession less than 50 Lakhs
- Discover the Best CA Classes in Delhi for a Succes
- Is CA Foundation Compulsory for Becoming a Charter
- Setting CA practice.
Related Threads
CAclubindia
