How to enter freight, transport charges in payment entry and How to create in Ledger voucher enter in tally
frank
(owner)
(131 Points)
Replied 18 April 2012
Create ledger account for Freight Inwards under direct expenses if this is related to purchases. If your transporters give you credit, then open a ledger account in the name of the transport company under sundry creditors. Pass journal entry by crediting the transport company and debiting the freight inwards account, when making the payment debit the transport company and credit bank or cash, whatever. i hope this information will solve your purpose. please feel free to contact me.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
