19 March 2014
my salary statement has the following heads Basic salary,Sp all,LOP,PF,ESI,Profession tax,TDS & net salary When i want to book salary in tally , how should i do it ? What is the Heads of those Payroll ? Is it will be Capital or What?
2. What is the Entry when I am getting Salary of March in April? Should I booked in March PLZ...... Advice iTS URGENT
19 March 2014
Thanks very Much but there is one more Query. As you explain that Basic Salary & Allowances under Direct Income: Can it be taken in Capital A/C and Profession Tax- Capital A/c as it is expense for the individual and it is capitalised at the end of the year. Plz Advice