HOW WE ENTER PF AND ESI IN TALLY AND OTHER ACCOUNTING
SOFTWARE
Answer Posted / 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.)
| Is This Answer Correct ? | 44 Yes | 7 No |
Post New Answer View All Answers
what is transposition-cum-demat?
Clasify capital
Short Answer on _____________Accident Insurance
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
Can I check my Vantage credit score range online?
What is mean by Reserve on Consolidation?
difference between vat 47 & vat 49
Expand DPCO
Expand SOIT
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
Dear all, Could you suggest me that if got a job in a/cs in Big org but on payroll of Outsourcing company,What should to prefer the company payroll or job the ?
while i creating a main asset master there is a error called process being terminated? pls send the solution
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
How you implemented a chargeback system?
What Kind Of Requirements for Vat Refund And Assessment Cases