Easy Office
LCI Learning

Pf settlement

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 July 2012 I need to pay cash to some of our employees for P.F settlement. How can we treat this payment in our Books of Accounts ?

Please note that , I don't deduct any P.F amount from his salary.

Need EXPERTS advice at earliest. Thanks in Advance.
Profile Image

CA BHARATH KUMAR

Profile Image

CA BHARATH KUMAR (Expert)
02 July 2012 are registered in P F act . if you registerd why didnt taken this . you pass entry bonus(incentive) to employee account debited to bonus .(this is actually wrong for audit purpose). you should registered in pf

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links