Cash Paid to school staff for short time for some expense. After v will receive balance amount Rs35000. How can v track d staff regarding this. How to pass d entries in tally. Pls guide me regarding this sir.
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14868 Points)
Replied 18 October 2020
Pass entry as follows , when you pay cash in advance for expense .
Advance to Staff A/c Dr
To Cash A/c Cr
( Being paid for expense )
When staff give you Bills / cash memo / Invoices for expense , you pass entry
Expense A/c Dr
To Advance to Staff A/c Cr
( being Advance given adjusted against expense )
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