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Entry in tally

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(Querist)
28 January 2014 When an employee is paid salary what will be the entry
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@VaibhavJ

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@VaibhavJ (Expert)
28 January 2014 Hi

At the time of Credit of Salary: Basic Salary A/c Dr.
HRA A/c Dr.
Trpotation Allowance Dr.
To PF A/c
To ESIC A/c
To Professional Tax A/c
To TDS A/c
To Salary Payable A/c

At the time of Payment:

Salary Payable A/c Dr
To Cash/ Bank A/c

Thx

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