Please explain subcontracting accounting entries in SAP
with realtime example and amount.
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Answer Posted / sreenivasa chary
raw materisl consuption ac - DR
Raw material A/c - Cr
semi finished a/c dr
inv change s/c - cr
External service A/c dr
GR/IR AC cr
During invoice
GR/IR Account - Dr
Vendor a/c - cr
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Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx
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