employee name under which head in tally/ is it under sundry creditors?
Suppose Salary Paid to 5 Employees A,B,C,D,E 20000 each
In this case we have 2 options
Make Salary Sheet of all employees and make single entry for all employees
in case,we want to record Individual employee's name,entry will be
Similarly for each employee,we pass Separate entry
In this case,A,B,C,D,E are Sundry Creditors
Salary is under Indirect Expense
Note:- Option 1 is more preferable as employee's salary is confidential.Option2 is normally followed by employees having less no of employees
To Learn Salary entry with PF/ESI/TDS,Click
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