Salary and wages entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 March 2017 i want to know about salary and wages entry in tally
what was the entry for salary last to last month balance half payment entry with last month payment in bank

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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29 March 2017 Salary & Wages (gross) Dr
Cr PT Payable
Cr PF Payable
Cr Esi Payable
Cr TDS on Salary
Cr Other deduction
Cr Salary Payable

During Payment -Extent of Payment balance to be maintained in Excell till that Salary payable shows outstanding

Salary Payable Dr
Cash/Bank Cr

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