HOW TO RECORD JOURNAL ENRTY FOR SALARY DUE AND NOT PAID
33 Replies
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 27 May 2011
Pass a JV Salary a/c.......dr
To salary payable a/c.
Whn actally paid in payment"- Salary Payable a/c ....dr
To Bank a/c
Vijay Kumar
(article)
(402 Points)
Replied 27 May 2011
Press F7( for passing Journal Entry) and then pass entry :
Salary A/c Dr
To Salary payable A/c ........(When salary becomes due)
And then pass Payment Entry (By Pressing F5) :
Salary Payable A/c Dr
To Bank A/c .....................(When salary is actually paid)
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 27 May 2011
salary a/c - -- - - - - - -- - -dr.
to salary payable
next year
salary payable a/c- - - - - - - - - - - - dr.
to bank
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 27 May 2011
here it is assumed that salary payable is year ending
rakesh
(accountant)
(22 Points)
Replied 27 May 2011
i want to itr return -6 demand is 4852 income tax actual total income is 28197 is 30% tax are 8459 but processing my return is demand total income tax 11280
satish kumar Chauhan
(accountant)
(348 Points)
Replied 28 May 2011
here it is assumed that salary payable is year ending
Press F7( for passing Journal Entry) and then pass entry :
Salary A/c Dr
To Salary payable A/c ........(When salary becomes due)
And then pass Payment Entry (By Pressing F5) :
Salary Payable A/c Dr
To Bank A/c .....................(When salary is actually paid)
ramesh reddy
(accounts manager)
(25 Points)
Replied 28 May 2011
when salary is due enrty shoud be salary a/c dr
to salary payable a/c
when salary due paid entry should be salary payable a/c dr
to bank (or) cash a/c
Ravindra kumar
(student)
(87 Points)
Replied 28 May 2011
Firstly not clear that what is nature of industry, i mean to say that small industry or big industry-
In situation of small industry--
the entry will pass in Tally ERP. 9
Directly recored entry for Salary due for the months or year---
Firstly press F7 then opend journal voucher screen. and record booked entry like as-----
(1) Salary A/c Dr. 1000.00
To Salary Payable A/c 1000.00
( Being salary due for the month...................)
(2) Salay Payable A/c Dr. 1000.00
To Bank A/c or Cash 1000.00
( Being Salary Paid vide ch. no........ or cash)
In the situation of large industry
follow the same activity but take care on booking dues salary according to particulars empolyees name wise
as for example---
(1) Salay's A/c Dr. 1000.00
To ABC Salary's Payable A/c 1000.00
( Being Salary due for the month............)
(2) ABC Salary 'S Payble A/c Dr. 1000.00
To Bank or Cash A/c 1000.00
( Being Salary paid vide ch. no........... or cash)
The second system where is apply there is more and more employee involve in employed due to at last published monthly statement according to necessity to the org. and particular category wise.
Subrahmanya Bhat
(lecturer)
(24 Points)
Replied 29 May 2011
PASS A J. E
SALARY ACCOUNT........Dr.
TO OUTSTANDING SALARY ACCOUNT
WHEN PAID
OUTSTANDING SALARY A/C .....Dr.
TO BANK A/C
anil kumar
(Study)
(52 Points)
Replied 29 May 2011
PASS THIS JV, WHEN SALARY BECOMES DUE :
SALARY A/C DR
TO SALARIES PAYABLE A/C
WHEN THE OUTSTANDING SALARY IS PAID :
SALARIES PAYABLE A/C DR
TO CASH / BANK A/C
CREATE SALARIES PAYABLE LEDGER A/C UNDER CURRENT LIABILITES
sujeet kumar
(accountant)
(50 Points)
Replied 29 May 2011
what will be entry in tally erp 9 of salary if i paid
epf and esic also
sujeet kumar
(accountant)
(50 Points)
Replied 29 May 2011
what will be entry in tally erp 9
1 when i firm a compnay and deposited money in bank
2 bank finance us loan
3 purchase goods like fixed assets
4 purchase consumabel item for sale
rambabu
(accoutant)
(37 Points)
Replied 30 May 2011
how to entry salary a/c in tally erp9
1. HOW TO CREATE EMPLOYEE NAME / DESIGNATION
2. HOW TO CREATE GROUP ETC
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