Entry in tally

12 December 2019

plz suggest entry in tally of post office who delivered cod product on behalf of us and give cheque after cod detection charges..

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Deepak Gupta (CA Student) (15922 Points)
Replied 12 December 2019

1. When order is received/sale is made

Dr. Buyer A/c
Cr. Sales
Cr. Applicable Taxes

2. For the aforesaid sale, payment will be received from Post Office:

Dr. Post Office (Name/Branch)
Dr. Fee/Charges (whatever may be the nomenclature)
Cr. Buyer A/c

3. When payment is received in bank account from Post Office:

Dr. Bank Account
Cr. Post Office (Name/Branch)

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