Rudrayani Shedjale (Assistant Accountant) (751 Points)
26 September 2017We are into works contract service. we have given one of our project to one of the sub contractor. now after completion of desired work, we need to pay him. what should be the expense head for that?
ReachISO
(Business)
(77 Points)
Replied 26 September 2017
Yes, you need to pay the ammount with all expenses.
Rudrayani Shedjale
(Assistant Accountant)
(751 Points)
Replied 26 September 2017
what should be the expenses head?
Safeelectricals Info
(2 Points)
Replied 26 March 2024
Hi as per my knowledge
Sub Contractor name under Creditors
For Payment
Dr. Sub Contractor/Rajesh
Cr. Bank A/c
Contractor Bill
Labour Charges ......... Dr
GST ....... Dr
Less TDS ......... Dr
Sub Contractor/Rajesh .............. Cr
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