Hi ,
we got commission through NEFT if i pass this entry as a Contra so there are no effects in P & L ( As a indirect income) similarly i paid rent through NEFT payment. How can solve this problem.
Please reply ASAP.
Thanking you.
2 Replies
Nikhil Sharma
(Government Service)
(539 Points)
Replied 22 February 2017
Why contra??
Entries should be
Bank A/c Dr.
To Commission received
Rent A/c Dr.
To Bank A/c
Abdul Rauf
(Accounts Practicener)
(76 Points)
Replied 23 February 2017
Because the transaction is being through Bank to Bank and in tally; if transaction done through bank to bank it will pass in contra voucher. so that's why i am asking. can i pass in receipt and payment voucher in tally. I already know the entry, only confuse in voucher.
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