Payroll process

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 January 2011 Dear all,

pls kindly assist in the information of payroll process because i keen to know the whole process of accounting and how to do it .

with regards
nagesh

acs

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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24 January 2011 calculate the gross salary and deduction of all the employess, and pass the accounting entry.

Debiting all the expenditure a/c

and credit statutoru dues payable a/c and salary payable a/c.

deposit the statutory dues and pay the salary to employees.