Below the Salary Breakup of the Employee :-
Salary Break up |
Amount |
Basic |
8020.00 |
House Rent Allowance |
3208.00 |
Conveyance Allowance |
800.00 |
Other Allowance |
8022.00 |
Gross Earnings |
20,050.00 |
Deductions |
Amount |
Provident Fund |
962.00 |
Professional Tax |
200.00 |
Total Deductions |
1162.00 |
Net Pay |
18,888.00 |
1. How to pass the Entry’s of the aforesaid in the Tally Account ??
2. Which Ledger to create (under which Group) ??