Dear Sir ,
I have A FDR In bank Is Amount of Rs 1500000.00 , in my TDS form 16 A show Interest Rs 33598 and TDS deposit Rs 3360, please tell how make entry in Tally for this transaction , thank in advance
Mukesh Kumar (Accounts Manager) (1466 Points)
26 September 2013Dear Sir ,
I have A FDR In bank Is Amount of Rs 1500000.00 , in my TDS form 16 A show Interest Rs 33598 and TDS deposit Rs 3360, please tell how make entry in Tally for this transaction , thank in advance
kumar
(Working)
(172 Points)
Replied 26 September 2013
If it is accrual interest then Pass as :
Interest Receivables A/c Dr xxxx
( Or) Respective FD A/c Dr
TDS A/c Dr xxxx
To Interest Received A/c xxxxx
If it is received in Bank pass as:
BAnk 90
TDS 10
To Interest Received 100
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