Repair and Maintenance Invoice Query

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 Mr.Jogendra Isssued a bill for his interior work done on my rented shop of Rs. 2,00,000/- (bill includes material 140000 and 60000 labour charges) How can I pass entries in tally. Is there any tds deductable ?  Pls guide me regarding this.   
 

Replies (2)

If work is done from Interior contractor then TDS applicable. pass entry.

You Can show in F9 purchase, as Voucher  in Tally prime / ERP 

Interior Expenses A/c Dr
CGST A/c Dr
SGST A/c Dr
To Mr Jogendra A/c Cr
To TDS payable A/c Cr
( Payable to Mr Jogendra after TDS deduction)

Payment entry - F5

Mr Jogendra. A/c Dr
To Bank A/c Dr
( Payment made)

TDS payment entry-F5

TDS payable A/c Dr
To Bank A/c Cr
( TDS payment in Govt account)

Mr Joginder A/c under  Trade Creditors  and TDS payable  A/c  under Duties & Taxes 

 

Invoice query ok let me know


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