can any one let me know the accounting tratment for gross salary (in tally hw to post)
let me xplain u detailly i m maintaining an NGO's (Non govt organisations ) Accounts books in tally software.
my question is If suppose one of the employee of NGO gross salary is Rs30000 & tds- 2400 Advance deducted from salary - 500 pf - 3000 then his net salary comes to - Rs 24100 then what is the accounting treatment at the time of accrual & at the time of payment and how to post it in Tally.
& one more question :- u might b knowing that an NGO's get funds from different donars so i need to book this salary Expenditure to differnt donars how to book it n tally
Please let me know its urgent friends