Suppose salary of march paid in april then what are the
entries to be made in Tally in march and april and salary
payable ledger to be created under which group? and salaries
to staff ledger to be created under which group? What will
be the journal voucher entry and payment voucher entry?
Answer / bharathi
When we are making provisions for salary for the month of
March the following entries to be made
Salary A/c
To Salary Payable A/C
(Being Salary - Provisions for the month of March)
When we are making payment salary pertaining to the month
of March in the month of April The following entries to be
made
Salary Payable A/c
To Cash / Bank A/c
(Being Salary paid for the month of March)
Salary Payable Ledger to be created under Current
Liabilities group
Is This Answer Correct ? | 30 Yes | 1 No |
Please let me have the detailed answer about journal entry in tally and difference between sales and journal entry.
Can we consider capital work in progress as a part of fixed assets?
Tell us in accounting, how do you define premises?
explain about ISO certificate ?
what is mean bt VPP?
HI I AM WORKING IN A INTERIOR DESIGNING COMPANY.WE ACTUALLY GET PROJECTS FROM CLIENTS & WE SUBCONTRACT THE WORK WE USUALLY SUBCONTRACTS THE SUPPLY OF LABOUR & SUPPLY OF MATEIALS TO SUBCONTRACTORS.WE DONT HAVE LABOURS OF OUR OWN & ALSO PRODUCTION OF MATERIALS.HOW CAN I TREAT THIS IN TALLY IS THERE ANY OPTION AVAILABLE IN TALLY FOR SUBCONTRACTING OR SHALL I ENTER THE NAME OF SUBCONTRACTORS AS SUNDRY CREDITORS AS WE DO USUALLY IN TALLY.PLEASE DO LET ME KNOW ABOUT THIS 0554125475 IS MY NUMBER
how many view the tally backup erp9 after the tally backup in tally
What is a Accounts Payable & Accounts Receivable..?
if the current ratio is 0.5 what is the impact of working capital
If We Are Purchase Any Service For Ex. Agency Charges From Creditors & Give Or Sale The Same To Debtors; Then How I Open Agency Charges Ledger? What Is The Grouping Of It? Is It Purchase A/c. Or Sales A/c.? And If Its Purchase A/c. Then How I Enter It In Debtors A/c. Or Should I Make Two Different Ledgers With Two Groupings Purchase One And Sales One?
what is the reserve & surplus ?
Different types of Balance sheet
1 Answers Chartered Accountant,