Tds
This query is : Resolved
28 December 2013
Dear Sir,
which entry in tally FD interest directly credited by bank and directly deduction tds by bank, so how can enter in tally --- which ledger and group
which entry in tally FD interest directly credited by bank and directly deduction tds by bank, so how can enter in tally --- which ledger and group
28 December 2013
Hi
You can ask bank to provide statement and on the basis of you can pass entries.
Thanks
You can ask bank to provide statement and on the basis of you can pass entries.
Thanks
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28 December 2013
Hi
For FD interest:
FD with Bank A/c Dr..
...To Int. on FD A/c
For TDS
Adv Tax / TDS A/c Dr..
.. To FD with Bank A/c
Thanks
For FD interest:
FD with Bank A/c Dr..
...To Int. on FD A/c
For TDS
Adv Tax / TDS A/c Dr..
.. To FD with Bank A/c
Thanks
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28 December 2013
Suppose Interest is Rs 100 and TDS is Rs 10.
Fixed Deposit A/c Dr Rs 90
TDS Receivable A/c Dr Rs 10
To Interest A/c Rs 100
If the interest is directly transfered to Bank A/c then:
Bank A/c Dr Rs 90
TDS Receivable A/c Dr Rs 10
To Interest A/c Rs 100
FD to be shown in Cash and Cash Equivalents under Current Assets. TDS receivable to be shown under Current Assets.
Interest (Indirect Income)
Fixed Deposit A/c Dr Rs 90
TDS Receivable A/c Dr Rs 10
To Interest A/c Rs 100
If the interest is directly transfered to Bank A/c then:
Bank A/c Dr Rs 90
TDS Receivable A/c Dr Rs 10
To Interest A/c Rs 100
FD to be shown in Cash and Cash Equivalents under Current Assets. TDS receivable to be shown under Current Assets.
Interest (Indirect Income)
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30 December 2013
Dear Sir,
how to entry in tally payment of trademark certificate, with ledger and group
how to entry in tally payment of trademark certificate, with ledger and group
30 December 2013
Trademark A/c Dr .....(Fixed Assets/Intangible)
To Cash / Bank A/c
To Cash / Bank A/c
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