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we have paid diwali bonus by chq.. pls let me know how to enter the same in tally and in under which head..Explain pls
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Answer / induja.l
If company paying bonus to his employees then need to
record payment entry.
We can treat bonus as expenses from company point of view,
Create bonus ledger under expenses group , bank ledger under
Bank account group
Later record the payment entry
Debit : Bonus ledger
Credit : Bank ledger
| Is This Answer Correct ? | 19 Yes | 2 No |
Answer / gokulakrishnan
In tally under the payment side we have to show this......
Because this is a bonus paid to worker if anything we have
paid means we will showed under the payment side
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / mohan
Before checking the deevali bonus, we have to check whether any provision/break up is raised for the last year. if so, how much raised for provision. After that we have to pass the entry.
Dr.Provision for Bonus account
Cr. Bank Account
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / prachi
Create bonus ledger under expenses group , bank ledger under
Bank account group
Later record the payment entry
Debit : Bonus ledger
Credit : Bank ledger
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / deepak
Before checking the deevali bonus, we have to check whether any provision/break up is raised for the last year. if so, how much raised for provision. After that we have to pass the entry.
Dr.Provision for Bonus account
Cr. Bank Account
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / raju singh
FIRST -1) DR BONUS (UNDR EXPENSES)
CR BONUS PAYABLE (UNDER Provision)
SECOND-2) DR CR BONUS PAYABLE (UNDER Provision)
CR BANK A/C
| Is This Answer Correct ? | 1 Yes | 0 No |
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