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Tally:ledger classification and pass entry

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 August 2013 Dear everyone

Today we had done full and final settlement of for few employees in regards to this i want to know under which group following ledger have to classify and how to pass entry in Tally 9 :
The ledgers are :
1) Salary - Notice period of one month Rs,5590/-

2) Gratuity (under shops & Esta.) - Gratuity paid for 3 years as basic salary is Rs.2795 total paid Rs.4194/-

3) Compensation (under Industrial dispute)-
Rs.4194/-

Thanking you all in advance
Prem


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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
24 August 2013 this all are employee cost only. can be grouped under employee cost and create separate ledger for each head

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