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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?
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Answer Posted / 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 |
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