dear friends
Please tell me how to pass pf and esic entries of employers contribution that should in profit and loss acccount as expenses and as well as also shown as in statutory payments
please help me
regards
Milind deoghare
milind shrikant deoghare (service/ student ) (1299 Points)
28 August 2013dear friends
Please tell me how to pass pf and esic entries of employers contribution that should in profit and loss acccount as expenses and as well as also shown as in statutory payments
please help me
regards
Milind deoghare
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 28 August 2013
Hi,
1) For booking Expenses & Liability:
PF / ESI Employer Contributions (Exp.) A/c ...Debit
...To PF / ESI Employer Contributions (Liability.) A/c
2) For booking Making Payment:
PF / ESI Employer Contributions (Liability.) A/c ...Debit
...To Bank A/c
Thanks!!
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)