Partners salary- in tally erp 9


12 August 2017 Sir,
How we will account Partners salary in tally....under which head? which ledger or groups are require for it....please guide me

12 August 2017 Go to gateway of tally, then account info, group, create, write p&l appropriation, under PRIMARY, nature of group expenses set all other options as NO. now while doing entry create account MR X (Remuneration) under above group on debit side similarly for credit part of entry create MR X remun. under MR X capital account and credit it. this is needed to be done using journal voucher.

12 August 2017 please note the difference between spelling of remuneration, you need to make two ledger so use two spelling. one is to be made under p&l appr and other in capital account of respective partner. I have told you how to create p&l appr account. once created you can see this account in P&L BELOW the. indirect expenses, above the net profit. hope this helps


12 August 2017 Sir,
is there is entry like following:
SALARY TO PARTNER
TO, CASH

12 August 2017 p&l appropriation (remuneration) debit To partners capital-remuneration a/c and then partners capital- remuneration a/c debit to cash/bank this is a proper way in either case create p&l appropriation a/c for better presentation for remuneration, interest and profit distribution



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