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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 Posted / 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 |
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