How to make entery in tally9

This query is : Resolved

Amaresh.D (Querist)
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01 December 2009 Dear Sir/Madam

I am entering In Tally 9
Of TDS and pyment made to agency like this

Salary paid to kenocis ltd agency Rs 50000 TDS Deducted Rs 1030

first Journl Vocher entery
Contract Salary A/c Dr 50000
To Kenocis Ltd 48970
To TDS Payable 1030

and Second Vocher Payment
Kenocis Ltd A/c Dr 48970
To Canara Bank 48970

nd when tds remited to bank payment vocher

TDS Payable A/c Dr 1030
To Cnara Bank a/c 1030

Plz Check Weather this enter is correct or suggest me

haridhayalan

haridhayalan (Expert)
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01 December 2009 yes correct. you may brake the first entry like as:
Contract Salary A/c Dr 50000
To Kenocis Ltd A/c 50000

then entry for tds

Kenocis Ltd A/c Dr 1030
To TDS Payable A/c 1030.

other two entrieas are same.

if you make like, while issuing TDS Certificate its very helpful to you.

anyway both are correct only.