Salary voucher

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2013 in our company the salary will be made after the month for eg may month salary will be paid in the first week of june. for the month end we will create journal salary dr to salary o/s entry
when salary will be paid the entry will be salary o/s dr to bank account.
now the question is when preparing voucher for salary in the first week of june the debit account should be salary o/s or salary a/c becoz one of the person is objecting that the voucher should not be in the name of salary o/s and it should be salary account. is there wrong in preparing voucher as debit account salary o/s instead of salary a/c

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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08 June 2013 when passing accrual entry you can debit the salary and credit the salary outstanding a/c on end of the month

when payment on june 1st week you can debit salary outstanding a/c