Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 7 Answers
- 37126 Views
- I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Why you want to change???
what are the steps for the payment cycle of the firm or company?
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
Tell me what are the activities that includes in cash flow statement?
Tell us in balance sheet, where do you show tds?
How can do it TDS in accounts?
What is cost accountancy? What are the objects of cost accountancy?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
Under what type of account do the unearned revenues fall?
describe any accounting process that you have developed or revised
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income
Do you know the term account payable?
input vat, wht use in wct
What are the 5 basic accounting principles?
