Tds provision
This query is : Resolved
09 May 2013
Can anybody tell me what is TDS Provision & Provision Entry ?
09 May 2013
Provision entry is booking expenses without crediting vendor account. TDS provision is deducting tds from vendor bills
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13 May 2013
First you debit the expenses and credit the party thereafter you debit the party credit the TDS and when you make the payment of TDS you debit TDS and credit the Bank
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23 May 2013
thanx friend
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