Answer / tejas birajdar

To account the PF & ESI in tally we have to pass below entry

Salary a/c Dr xxx
To ESI recd. Cr xxx
TO PF Recd. Cr xxx
To Cash or Bank a/c Cr xxx
(Being salary paid for the month of xxx)
(Create Salary a/c as expense, ESI & PF a/c as liability)

At the time of PF & ESI payment to Govt.

ESI Recd. a/c Dr xxx
PF Red. a/c Dr xxx
To Cash a/c Cr xxx
(Being ESI & PF payment made to Govt.)

Answer / tarun patel

Salary a/c Dr xxx
To ESI recd. Cr xxx
TO PF Recd. Cr xxx
To Cash or Bank a/c Cr xxx
(Being salary paid for the month of xxx)
(Create Salary a/c as expense, ESI & PF a/c as liability)

At the time of PF & ESI payment to Govt.

ESI Recd. a/c Dr xxx
PF Red. a/c Dr xxx
To Cash/Bank a/c Cr xxx
(Being ESI & PF payment made to Govt.)

Answer / shivakumar

Salary a/c Dr xxx
To ESI recd. Cr xxx
TO PF Recd. Cr xxx
To Salary payable a/c Cr xxx
(Being salary Payable is Provision entry for the month of..)
(Create Salary a/c as expense, Salary payable a/c, ESI & PF
a/c as liability

Salary payable a/c Dr XXX
ESI Recd. a/c Dr xxx
PF Red. a/c Dr xxx
To Cash/Bank a/c Cr xxx
(Being ESI & PF payment made to Govt and Salary paid to..)

Answer / sajjad1

Here i have a ? why we cr the ESI and PF Accounts its
become our Liablities after cr it. Thanks

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