What would be the TDS Payment entry after deducting TDS
using TDS helper?
Answer Posted / sanjay pathak
in journal posting
Party A/C ..............................................Dr.
To, Cash/Bank A/C
To, Tds A/C
(being payment done with tds deduction)
2. Tds A/c.......................Dr.
To, Cash/Bank A/c
| Is This Answer Correct ? | 14 Yes | 0 No |
Post New Answer View All Answers
What is cost accountancy? What are the objects of cost accountancy?
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
What is creative accounting?
Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan
By saying, perpetual or periodic inventory system; what do we mean?
how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.
audit under section and penalty under saction scurtiny under saction
Expand ctc cheque?
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
what is the due date of 28th feb
Cost Accounting
which type of questions did HR Manager ask and what are the answers
Explain which accounting application you prefer most and why?
Any body would tell me how to takeover withholding tax at the time of go live in sap fico
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...