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What would be the TDS Payment entry after deducting TDS
using TDS helper?

Answers were Sorted based on User's Feedback



What would be the TDS Payment entry after deducting TDS using TDS helper?..

Answer / sanjay pathak

in journal posting
Party A/C ..............................................Dr.

To, Cash/Bank A/C
To, Tds A/C
(being payment done with tds deduction)

2. Tds A/c.......................Dr.
To, Cash/Bank A/c

Is This Answer Correct ?    14 Yes 0 No

What would be the TDS Payment entry after deducting TDS using TDS helper?..

Answer / rakesh

Party a/c
To Cash/Bank
To TDS A/c

in the time of payment of TDS amount

TDS a/c
To Bank a/c

Is This Answer Correct ?    8 Yes 0 No

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