Answer / durga bhavani

salary a/c dr 100000
TO salary pfa/c 10000
TO salary payable 90000

at the time of payment
salary payable a/c dr 90000
salary pfa/ dr 10000
TO bank a/c 100000

Answer / dhuha abdur rahman

Sorry, a mistake has occured..
For Employer's same share of contribution to PF:
Employer's contr. to PF a/c dr 1000
To PF payable a/c 1000

OR ELSE, we can pass a compound entry for both Employees's
and Employer's contr. to PF along with ESI plus TDS also..

Salary a/c dr
Employer's PF contr. a/c dr
Employer's ESI contr. a/c dr
To TDS on salary a/c
To PF payable a/c
To ESI payable a/c
To Salary payable/Bank/Cash

Answer / r.sumithra krishnan

SALARY A/C DR 10000
EMPLOYER'S CONT TO PF A/C DR 1000
TO SALARY PAYABLE A/C 10000
PF A/C 1000

Answer / battu murali reddy

If gross salaries are Rs.10000 and PF contribution each is
Rs.1000

salaries a/c Dr 10,000
PF (employer contributin) a/c Dr 1000

To Salaries payab le a/c 9,000
To PF payable a/c 2,000

Answer / prashant bonde

At the time of Salary to Employee

A] Salary A/c Dr.
To Bank A/c
To Employee cont. to PF (A/c No.1)
To Any other Deduction
(Being Salary paid after Deduction)

B] Employers Cont. to PF (A/c No.1) Dr.
Emplyee Cont. to Pf (A/c No.1) Dr.
Employers Cont. to Pension Fund(A/c No.10)
EDLI (A/c No. 21)
Admin. charges (A/c No.2&22)
To Bank A/c
(Being PF Paid for M/o.....)

Answer / rajesh shukla

salary a/c Dr
CO. CONTRIBUTION A/C DR
to PF A/C
TO SALARY PAYBALE A/C

Answer / anamika sheoran

at the time salary booked
salary a/c dr.
to pf a/c
to salary payble a/c

at the time salary payment
salary a/c dr.
to cash/bank a/c

at the time pf deposit
pf payble a/c
to cash/bank

Answer / narayan

salary A/c Dr
employer contribution A/c Dr
To,salary paybleA/c
To,pf payble A/c

at the time of payment
salary payableA/c Dr
pf payble A/cDr
To, cash/bank A/c

Answer / taimoor

Salary Expense(Gross) 10,0000 Charge to P&L
Salary Payable 8,000 accrued Liability
Employee Cont- Payable 2,000 accrued Liability
(salary expense includes the Contribution made by the
employee like this)because employer cost is 10,000 rupees
which should be charged to P&l and i.e 10,000

Basic Salary + Allowances in cash= Gross Salary - Deduction
5,000 + 5,000 = 10,000 - 2,000

When payment is made to employee and fund
Salary Payable 8,000
PF-Employee Cont - Payable 2,000
Bank 10,000

Answer / dhuha abdur rahman

Employees are paid net amount of salaries after deducting
their share of contribution to PF.
For payment of salary:
Salary a/c dr 10000
To PF payable a/c 1000
To Cash/Bank a/c 9000

For Employer's same share of contribution to PF:
Salary a/c dr 1000
To PF payable a/c 1000

When PF amount is actually paid:
PF payable a/c dr 2000(Employer's + Employee's share
of contribution)
To Cash/Bank a/c 2000

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