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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls

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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / prasad

Bonus A/c Dr
To Bank

Is This Answer Correct ?    33 Yes 2 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / induja.l

If company paying bonus to his employees then need to
record payment entry.

We can treat bonus as expenses from company point of view,

Create bonus ledger under expenses group , bank ledger under
Bank account group

Later record the payment entry

Debit : Bonus ledger

Credit : Bank ledger

Is This Answer Correct ?    19 Yes 2 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / gokulakrishnan

In tally under the payment side we have to show this......
Because this is a bonus paid to worker if anything we have
paid means we will showed under the payment side

Is This Answer Correct ?    15 Yes 2 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / mohan

Before checking the deevali bonus, we have to check whether any provision/break up is raised for the last year. if so, how much raised for provision. After that we have to pass the entry.
Dr.Provision for Bonus account
Cr. Bank Account

Is This Answer Correct ?    8 Yes 0 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / prachi

Create bonus ledger under expenses group , bank ledger under
Bank account group

Later record the payment entry

Debit : Bonus ledger

Credit : Bank ledger

Is This Answer Correct ?    7 Yes 0 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / deepak

Before checking the deevali bonus, we have to check whether any provision/break up is raised for the last year. if so, how much raised for provision. After that we have to pass the entry.
Dr.Provision for Bonus account
Cr. Bank Account

Is This Answer Correct ?    2 Yes 0 No

we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which..

Answer / raju singh

FIRST -1) DR BONUS (UNDR EXPENSES)
CR BONUS PAYABLE (UNDER Provision)

SECOND-2) DR CR BONUS PAYABLE (UNDER Provision)
CR BANK A/C

Is This Answer Correct ?    1 Yes 0 No

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