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LTA

This query is : Resolved 
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(Querist)
12 January 2011 How is it a/c for in company book if company deduct LTA from employee salary .
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 January 2011 What is LTA deduction. please elaborate your query
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
12 January 2011 At the time of Travelling incurring expense

Travelling expenses
To Cash


just pass Entry at the time of payment

Salaries Dr....
To Travelling expenses
To Cash
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