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TDS Entry in Tally ERP 9 step by step procedure

TDS Entry in Tally ERP 9, is a further step of Tally.erp 9 to become a truly ERP solution.Tally Solutions Pvt. Ltd is continuously adding more and more advanced features to the software and TDS in tally erp 9 is one of the major useful features which is very useful for finance people like me.

In this post,I will explain  a general idea about TDS Entry in Tally ERP 9 and if you want to know step by step TDS configuration in tally.erp 9 then refer my post onTDS Entry in Tally ERP 9? I have uploaded a complete TDS set up the manual for tally users which you can download free of cost. I have also uploaded a TDS help file which is a pdf file will be very useful for TDS Entry in Tally ERP 9

TDS Entry in Tally ERP 9 |how to set up in Tally

Tally Software  introduced a concept of calculating TDS based on the nature of expenses. Now, you can deduct TDS on expenses whether revenue or capital nature. you must follow the step by step guide for TDS Entry in Tally ERP 9 to learn how to set tds in your accounting software.

To understand TDS in an accounting software it is better to understand what is TDS and how a manual entry will  look like. Once it is understood, TDS Entry in Tally ERP 9 will become a child’s play for a Tally user.

TDS is a tax deducted at the source that is when the supplier issue a bill,  the recipient of Services is responsible for  deduction of TDS from that bill and must credit the same to TDS payable account. the expense will be booked for the full amount, however, the supplier’s account will be credited less by the amount deducted on account of TDS

 

 

TDS Entry in Tally ERP 9 | Examples and Journal Entries

Suppose a job work executed through M/s. ABC and Company for Rs. 1 lac. Let’s see how to pass TDS Entry in Tally ERP 9 for the same

Dr. Job work Expenses Rs. 1,00,00.00

Cr. ABC & Co. 97774 (net of TDS)
Cr. TDS on payment to Contractors 2226

Now the sum so deducted towards TDS e.g. Rs. 2226 is a liability to pay it to the government within the stipulated time.

TDS Entry in Tally ERP 9 allows  deduction TDS at the time of booking of an invoice or an advance payment.

Release 3 and onwards made TDS Entry in Tally ERP 9 more stable and  easy to manage. In addition, all the required reports now can be generated by pressing a few keys only.

About the Author

Mahendra is founder and CEO of the I Vision Infotech, Authorised Tally Sales and Service Partner and helping Tally users to learn Tally and accounting free through this site

Leave a Reply 223 comments

Dayaram Vasudev Dorle - 6 years ago Reply

Dear sir, madam,
My Name is Dayaram , I am passed TYBCom. I am pratice
of Accounting in a CA Firm for last one month , have problem in journal Entries, vat & Excise , Tds and Account entries .
so, please give me solution with simple example and entries with narriation.I am waiting for your reward

Thanking You,

Mahendra Rana - 6 years ago Reply

Dear dayaram,
I have already posted some articles with examples on journal entries, vat,cst, excise tds etc. please browse my old articles. if it does not help you, then please specify your problem with more details. just by viewing example, one can not solve his/her own problem without understanding the root of problem. So, better let me know what kind of problems you are facing, and I will help you how to solve it. Also please do not forget to mention version of tally software you are using.
best regards,

kanchan dogra - 6 years ago Reply

Dear sir, madam,
My Name is kanchan . I am passed my 10+2. now i am doing accountants professional course
I have problem in jounral entries of tds excise duty tcs service tax.
so, please give me solution with simple example and entries with narriation.I am waiting for your reward

Thanking You,

Mahendra Rana - 6 years ago Reply

Please join my network on facebook and let me know your specific problem to solve the same. General articles about journal,tds,vat excise I have already posted on my site with examples. Without understanding what problem you are facing, I can’t help you

RAKESH.S.B - 6 years ago Reply

Can u send me your email id

Mahendra Rana - 6 years ago Reply

Ok, I will email you.

TDS ENTRY PARTY AMOUNT NEGETIVE - 6 years ago Reply

IN TELLY TDS ENTRY PARTY AMOUNT IS NEGATIVE

Mahendra Rana - 6 years ago Reply

Remove all against reference from the payment and then deduct tds.after that you can again use payment against related reference

please revert back if it does not solve your problem

rahul - 6 years ago Reply

Sir,
Can u give the links of your older post

Mahendra Rana - 6 years ago Reply

Please check category or archive section of my site.

rahul - 6 years ago Reply

Sir,
In tally9.erp, in statutory configuration dere is field set/alter vat details, wen i set dis field to yes, it is automatically set to no..wats is the problem? and can u mail me some tds deducting sample to me?

i want to deduct tds on contractor.

MANIKANDAN - 6 years ago Reply

sir

i dont no TDS sub-contractor creation pls reply the format

Mahendra Rana - 6 years ago Reply

Manikanda,
Are you referring to creation of a sub contractor ledger account ? I don’t know how to help people who even feel shy to post a query with full details !!!

Sanjay Kumar Ajmeria - 6 years ago Reply

Dear Sir/Madam,
I am working in tally 9.ERP as Billing cum Store Keeper, but I want to know accounts like TDS, Please inform me how to deduct TDS and what are relative enteries. I want to know all entries of TDS with details and examples.

Mahendra Rana - 6 years ago Reply

Sanjay,
I have already uploaded entire tds procedure on rapid share in the article for which your commented. Now I don’t understand what you want more

Sam - 6 years ago Reply

Hello

I want to do entry in tally of Interest on FD

what is the entry in tally

please tell

Mahendra Rana - 6 years ago Reply

Sam,
It is very simple,
Dr. Fixed deposit
Cr. Interest received on FDR
Please post your queries relating to how to do on our our support forum

Sukumar - 6 years ago Reply

Sir Is This Group are Correct?

Sundry Debtors Sundry Creditors

TDS Receivable TDS Payable

Security Deposits Service Tax Payable

Retension if any

Works Cont tax Collected

This I am asking because if at all we accounting an invoice we can

enter the Ref No in each of the invoice itself which will show us

the bill wise collections from each party & vice versa

Mahendra Rana - 6 years ago Reply

Yes S Kumar all the Groups you have mentioned are correct.

sachin mishra - 6 years ago Reply

hi,
i am ipcc student and i am faceing problem in creating entry of tds, service tax ,vat in tally pls help me on my id johndhanu_87@yahoo.co.in
regards
sachin

Mahendra Rana - 6 years ago Reply

Dear Sachin,
Please contact me on my Google buzz or at my mail ID

SHYAM - 6 years ago Reply

I am a business man I used to maintain my accounts manually and I learnt tally from brainware but learnt to get the degree only….but now I can guess what I have missed at that time and our faculty they did not have any experience in paractical accounts….I hav e prob….I manufacture steel furniture ….and with many ingredients a furniture stands its finished stage…..Will it possible to maintain detalis acoounts of all ingredients i.e if I purchase any ingradients stock of individual ingradients will increase and after manufacture it will decrease …lets have an example…… 1/4/2010 C.R.C.A sheet purchased 100 kg. rs. 5000, paints purchased 3ltr. @ 250/Ltr. Rs. 750.00 and labour for making the above 1 pc. finished items Rs. 700.00 SAY WEIGHT OF 1PC. FINISHED ITEMS IS 50 KG.

on 10/4/2010 I sale it out ,,,,, and how can I pass this manufacturing journal AND how can i have the report of stock like this on 10/4/2010 C.R.C.A sheet 50 kg.(50kg. consumed ) and paints nill (as full consumed)AND AS PER FUND PERMIT I WILL MAKE PAYMENT OF LABOUR.PLZ.plz REPLY as it is a very giving me trouble …… Ravin cooch behar

SHYAM - 6 years ago Reply

Sir another probLEMS WHAT WOULD BE THE VOUCHER FOR THIS TRANSACTION

sALE OF 3 PCS. ALMIRAH @ rS. 5000 15,000.00
i HAVE CHARGED DELIVERY CHARGES @ 3% ON BASIC COST 450.00
Total 15,450.00

SHYAM - 6 years ago Reply

Sale 3pc.almiah Rs. 15,000.00
I have charged Delivery charges Rs. 450.00
subtotal 15,450.00

OUTPUT VAT @ 12.5% Rs. 1,931.25

Total bill value will be 17,381.00

what to do to pass this sale entry in cash or credit…..plz. reply.

Mahendra Rana - 6 years ago Reply

Dear Shyamji,
Thanks for contacting us. Tally.erp 9 fully capable to solve your queries and problems.
You need to enable the inventory module.
I am sending you personal mail to resolve your issues. Don’t worry. I will guide you to make your accounts perfect. You will get all the reports whatever you want

Mahendra Rana - 6 years ago Reply

Dear Shyamji,
Passing of sales entry in cash or credit depends on how you made your sales ?
Suppose you sold 3 almaries on cash base, then you have to pass the entry as per below
Go to voucher entry,
Select F8 in party name select Cash ( It will be a debit account in your books of account)
Select Local sales account ( it will be a credit account in your books of account)
Select the item name almarih(if you haven’t created any ledger then you will be required to create an item ledger
then select the qty 3 and then rate Rs. 5000. it will capture the amount of Rs. 15000
Now Create an another ledger account for freight charges and fill the amount of freight Rs. 450
select out put vat @12.5 it will automatically caputure the vat amount of rs. 1931.25
you will see the bill total amount of Rs. 17381.00
If you face any problem, please contact me on Gtalk I will solve it

PRIYANKA - 6 years ago Reply

how to book a purchase bill where 75% of invoice value has 12.5% VAT and 25% is on labour charges . As well as account for TDS for the Same?

RAHUL GAUTAM - 6 years ago Reply

HI SIR / MAIM
I HAVE A SORT CONFUSE IN TALLY GROUPS ABOUT SUNDRY DEBTORS AND SUNDRY CREDITOR .
SO PLS GIVE SOME EASILY UNDERSTANDABLE IDA AND SOME EXAMPLES
I WAITING YOUR ANSWERS PLS SOON AND VERY SOON

Deepak Babar - 6 years ago Reply

Please Recd TDS , Journal Entry & Vat Ent.

Mahendra Rana - 6 years ago Reply

Dear Deepak,

I am sorry as I am unable to understand what you meant to ?

vamshi krishna - 6 years ago Reply

Dear sir/ madam
I am working in firm. I have to enter my propriter personal bank statement in tally 7.2. Last we did not enter his bank statement. now how can i take opening balance? could you please guide me how to entry of service tax and TDS on salaries.

Mahendra Rana - 6 years ago Reply

Vamshi,

When you create /alter any ledger account, you will find an option opening balance at the bottom of the screen. if still confusion, then pl. contact me

palak - 6 years ago Reply

now time tds due datechange

aastha - 6 years ago Reply

hi
we had tally version ago.nw we have tally 9 erp. same data i have transfer to tally 9 erp. but i m fining problem in tds entry.. new ref option is nt coming. will u pls help me!!

anil desai - 6 years ago Reply

presently i m working in a ca firm just facing a problem while making entries of tds,service tax sir could u just explain the procedure

Mahendra Rana - 6 years ago Reply

Dear Anilji,
Without knowing your problem e.g. what problem you are facing … How I can help you.
I had already write a detailed article/procedure on tds , service tax. please go through category of respective area and if still found any problem then you are most welcome and I will solve the same.
Alternatively I can explain the same through live chat

munendra rathore - 6 years ago Reply

i want some help of tally 9 ,tds,vat,esi,tds challan i want more info about these topics please send me some info on my mail & my cell no. 9529834849

ashwani sharma - 6 years ago Reply

hello
u entered tds entry in tally 9.0 its very easy prosier.
thrir are simple 4 entry in tally 9.0
1. name of cata that u paid tds
2.party name that u deduct tds

2nd entry..tax deduction voucher alt+s

3.payment of tds
4.payment of amount that person

erp9 proser
only 3 entry

1st entry for categry and deduction for tds tax.
2. payment entry of tds of gov of india
3 payment of amount of person
regards:- ashwani sharma (cpca)

pratik - 6 years ago Reply

when the advance salary paid to Employee . what is the entry will be made if the TDS will aplicable

Mahendra Rana - 6 years ago Reply

Pratik,
The entry will be as under :
Debit Salary advance
Credit bank account
Credit TDS payable on salary

In future, please post your query on Support forum only

SHRENIK - 6 years ago Reply

HOW TO CHANGE FONT IN TALLY 9 FOR INVOICE PRINTING

Harpreet singh - 6 years ago Reply

can u plz tell abt different type of vat in delhi?

MUKESH MALI - 6 years ago Reply

1.M.S. STARTED BUSINESS WITH AXIS BANK 20000/-,MACHAINARY-30000/-?
ANS:- AXIS BANK ——DR….20000
MACHAINARY——DR….30000
TO CAPITAL———-50000
2.CHARGE DEPRICATION A COMPUTER 5% ON IS TOTAL VALUE RS 5000/-?
ANS:- DEPRICATION A/C–DR…..500
TO COMPUTER………..500

MUKESH MALI - 6 years ago Reply

SORRY…………….
DEPRICATION CHARGE 10%

Mahendra Rana - 6 years ago Reply

Mukesh,
I will appreciate if you could post your query at Support forum only

hodam devkishore singh - 6 years ago Reply

what is the use of deduct now field tds in tally erp9?

Lyns mehta - 6 years ago Reply

Thank You so much for the free advice given by you.

kavita - 6 years ago Reply

Dear Sir,

muje tally entry help chahiye humne ek product purchases kiya wo muje tally mein capitlized (fixed asset) mein dalana hai pls rply.

Thanks & Regards

pardeep - 6 years ago Reply

press f7 go to jurnal and pass the following entry
product {name of asset} a/c dr
to cash a/c
put that asset under fixed asset

sagar - 6 years ago Reply

Hello,
i have one account of air travel agency. i dont know how to enter their purchase and sales entry. Because they have only commission or service charge income. and they are not prepare any seprate commission or service income they include in his sales bills.
for examle,
Air travel agency book ticket Rs. 5000/-. and they sales 5400. so how can i enter purchase and sales entry in tally.

rajan - 6 years ago Reply

Hi Sir,

I need TDS entry for company. Paying tax for income 2009 April to 2010 march.

i heard there is any prvovisional entry will come.
Can you please explain me with entry to email id .

Thanks for your support and valuable time

Srinivasan B - 6 years ago Reply

Sir,

I am facing a Problem while booking in Tally Erp 9. How to pass entry for transaction having VAT and suject to TDS? Example. Job Worker charge VAT on his bill and TDS to be deducted on the transaction amount.

Pls advice.

B.Srinivasan

mithlesh - 6 years ago Reply

Dear Sir

I have complete my b-com in 2010 and I want do the job as Accountant But not clear a concept so what i do to do the this.what is the important thing and also tell any books name that help me in concepts.

hodam devkishore singh - 6 years ago Reply

sometimes deduct now field in tds in tally erp9 work some times it does not work what is the real problem and when and how it is to be used?

sk.itifa - 6 years ago Reply

dear sir
my name is itifa am working as accountant .i have one doubt related to tds on salary how to pass entry in tally .suppoase mr.x salary is 35000 how to deduct tds and pass entry in tally .sir reply me .

Mahendra Rana - 6 years ago Reply

Sk.Itifa,
TDS on salary in tally will be available by end of November, 2010. till that time, you may do it manually throuh a journal voucher

Mahendra Rana - 6 years ago Reply

Sandeep,
You need to create a Voucher class for vat adustment for this purpose.
Please check all my articles on vat and excise and voucher class. you will find it somewhere how to create a vat adjustment voucher class

Ritesh Rana - 6 years ago Reply

Dear sir,
i am accountant how can i change in tax rate in TDS deduction voucher form in tally9

Mahendra Rana - 6 years ago Reply

Ritesh,
You can’t change Tax rates! Why you want to change it ? If you are using outdated version of tally, then you require to upgrade your tally to latest version

yashvir singh - 6 years ago Reply

Dear Sir, Madam

Sir, i have done b.com in 2004 and mba finance – part time – in 2007,but i am working as a data entry operator. can i go to accounts field now if yes then how.please tell me
thanks

Mahendra Rana - 6 years ago Reply

Yashvir,
Its up to you how to define your future! I am not a suitable person to guide on such matter

Ritesh Rana - 6 years ago Reply

Dear sir,
will i have to upgrade my license version for change TDS rates.my software is not taking any rates in TDS deduction voucher so how can i shrotout this problem.
Thanks allot sir for reply my question.

vivek - 6 years ago Reply

how to pass in tally erp9 sale bill cancelled entry ?

Thanks allot sir for reply my question.

Uttam - 6 years ago Reply

Dear Sir,
I want to e filling of vat retur pls tell me how to do.

Mahendran Nadar - 6 years ago Reply

I have complete my b-com in 2010 and I want do the job as Accountant But not clear a concept so what i do to do the this.what is the important thing and also tell any books name that help me in concepts.

Mahendran Nadar - 6 years ago Reply

Dear Sir,
I am B.com graduate. I serach the Job. salary 12,000/-. What should i do?

Mahendra Rana - 6 years ago Reply

Mahendran,
Best of luck for job searching!

pradeep - 6 years ago Reply

sir please give me ur gltalk id i m new join for one software company i have many problems regards to ledger entries,tds and vat.i will contact u in gtlk

thanks pradeep D chandra

Mahendra Rana - 6 years ago Reply

Pradip,
I am sorry but I provide personal support only to premium members.
Thanks for your comments

venkat - 6 years ago Reply

Dear sir,

we are the labour contractor, how to service tax,tds and vat entry in tally .we are using tally erp software.

venkat - 6 years ago Reply

Dear sir,

we are labour contractors,how to service tax, tds entries in tally erp ex: cash received from works contract 50000/- (including service tax) tds deducted.

Mahendra Rana - 6 years ago Reply

Dear Venkat,
as per our discussion, you need to become our client to get support on all such query.
Thanks

amit - 6 years ago Reply

sir i want detail tally learn please your opinon

Kalluri Lakshmi Prasad - 6 years ago Reply

Dear Sir/madam,

I pleased to see your valuable website and you too. Briefly about myself as

Basically I am B.Com Graduate, passed out in 2004. I started my career in 2005 but in wrong path, I was attracted about salary in Marketing. Joined as a Sales Executive – Credit cards with MNC Bank and worked for more than 3 and Half Years. Later I promoted as a Sales Develop manager with the same company with my dream package.

But unortunately, I worked only one year and quit from the profession itself.

Now I jumped my profession from Marketing to Accounting in the year of 2009 December.

But I am not comfortable, bcoz I am unable to make JV, TDS, etc., I changed 2 Companies as of now. One of my cousin said, he will guide me in this matter, but he is hopeless, becoz of his attitude.

Please help me out how to prepare JV’s? Why Should we mke JV’s etc.,

Regards

Prasad – 9533819825
klp4urs@gmail.com

Mahendra Rana - 6 years ago Reply

Dear Laxmi Prasad,
Pleasure to have your feeback.
Yeah, you will not be able to make journal entry without understanding/knowing the basic accountancy or working under guidance of some experienced person.

rohini - 6 years ago Reply

dear sir,
he paid rent to vivek singh of rs. 11550.00
calculate tds.
plzzz solve this question.

rohini - 6 years ago Reply

dear sir, i have a problem to calculate discount & vat so i request you. plz solve my problem .

question is….
mr. raichand the following items for khan traders.
ram 50 pcs @ 450 vat 4% disc. 50%
cabinet 10 pcs @1100 vat 4% disc. 30%
hdd 10 pcs @1080 vat 4 % disc. 48%….

thank you sir…………..

Mahendra Rana - 6 years ago Reply

Rohini,
Please mention your Tally Serial number so that I can help you

rohini - 6 years ago Reply

dear sir

i d’nt understand sir.

means that tally 9 & tally 7.2

Mahendra Rana - 6 years ago Reply

Rohjni
each tally software has a serieal no. You need to know it n tell me

abdulla - 6 years ago Reply

sir,
i am working in pvt ltd company
we are making invoice with delivery charges.
in tally delivery charge received will come under which group(income) and if i cash received by cash sale how to transfer from cash sale to petty cash in tally

rohini - 6 years ago Reply

dear sir
i don’t know tally serial no.

Mahendra Rana - 6 years ago Reply

Rohini,
Without a Tally serial number, no one can operate or work in Tally!You may find it from the top or below info panel of your tally software in numeric value however
If you don’t know your Tally serial number then just start your Tally software
then take a screen shot of the same and mail me.
We provide support only to licensed users of Tally
I am sorry but we wanted to discourage users who are using hack /cracked version of tally.
Hope you will understand it

Mahendra Rana - 6 years ago Reply

Abdulla,
Please mention your Tally serial number to get free support

Rohan kumar - 6 years ago Reply

Dear sir,

I have a doubt in in branch account in tally 9 . I do not know how to maintain the books of accounts in books of branch account as well as in the books of head office account. Also tell me the books which is open in the books of branch account.

With regards.
Rohan kumar

Mahendra Rana - 6 years ago Reply

Rohan,
We provide free support only to our Tally.erp 9 clients or only to those who use genuine Tally.erp 9

Tun - 6 years ago Reply

In thailand. Are you Support ?

Mahendra Rana - 6 years ago Reply

Hello Tun,
I support everywhere but remotely.Through team viewer, Gtalk and email.
You can contact me at any time

Sachin - 6 years ago Reply

We are using Tally ERP 9
We have made monthly payment to Mr. A (Professional-Doctor) from April till Oct 10 (total 7 entries) and have not deducted any tax till Oct 10.
However, we have received bill for Nov 10 and after adding all payments including Nov 10, amount crosses Rs.20,000/-.

Kindly let us know how to deduct tax while making payment of Nov 10 bill since tax has to be deducted taking into consideration payment from Apr-Nov 10.
Thanks

Mahendra Rana - 6 years ago Reply

Hello Sachin,
No support without knowing your Tally.erp 9 serial number

Sachin - 6 years ago Reply

We are using Tally ERP 9
We have made monthly payment to Mr. A (Professional-Doctor) from April till Oct 10 (total 7 entries) and have not deducted any tax till Oct 10.
However, we have received bill for Nov 10 and after adding all payments including Nov 10, amount crosses Rs.20,000/-.

Kindly let us know how to deduct tax while making payment of Nov 10 bill since tax has to be deducted taking into consideration payment from Apr-Nov 10.
Thanks

Mahendra Rana - 6 years ago Reply

Hello Sachin,
I have already responded on you date 29.12.2010 that I do not provide any support to any one unless you mention your Tally serial number along with your query.
So, please do let me know your Tally serial number if you want a solutions of your problem.

Sachin - 6 years ago Reply

I had posted a query twice, pls respond

anuska sharma - 6 years ago Reply

dear sir
i have joined a mnc company as accaontant ,
now i m facing a problem,
eg: we pay cash salary to mr A Rs5000/- including TDS of 250. how i make the entry Please sent the JOURNAL ENTRY,
LEDGER WITH GROUP,
VOUCHER WHERE IT WILL AFFECT.

SIR how to get TDS CERTIFICATE printed from TALLY9

THANKS & REGARDS
ANUSKA

amit - 6 years ago Reply

Dear sir,

I want ask that on what information on service tax bill we considering while booking a bill

akshay Singh - 6 years ago Reply

please tell me how to make Excise entery

akshay Singh - 6 years ago Reply

please provide me excise register in excel formet and rate of excise.

Mahendran Nadar - 6 years ago Reply

How to make the PF ,PT

Mahendra Rana - 6 years ago Reply

Mahendran,
You did not quoted your Tally serial number and without knowing the Tally Serial number, we do not provide any help

Aparna - 6 years ago Reply

hi, i am read some tally entry in your feedback. i like it your suggestions pls tell me how to make entry for purchase, sales with quantity, per item rate in tally erp 9. how to maintained opening stock & closing stock Pls tell me. Can you provide any link for any query about tally erp 9

PALLAVI - 6 years ago Reply

please tell me entry of discount given to the party entry please

Mahendra Rana - 6 years ago Reply

Arpana,
Thanks for your feedback.
Currently I am not able to help Tally users except our own clients who buy software from us.
Our clients do not need any link to get any help

rajesh - 6 years ago Reply

hi, i dont know how to enter the journal and payment entry in tally 9.2 for:
i have rented out a shop. the licensee deducts from the rent the tds of 10% and gives a cheque, which i deposit in the bank.
pls tell me entry in tally records.
thanks/rajesh

Mahendra Rana - 6 years ago Reply

Rajesh,
Please join some Tally Classes or ask the guy from whom you have purchased the Software

Vinod - 6 years ago Reply

Hi,

I am pursuing CA and want to learn tally. could you please suggest some good institutes for the same.

I have put up in JP Nagar, Bangalore.

Waiting for your valuable suggestion.

Thanks and Regards,
Vinod

nethra - 5 years ago Reply

Hi,

If a Construction company receives a overdraft facility from Bank how to make entry in tally 9.0 As we are having our current account in same bank and maintaining all transactions.

So, kindly i request u to give me the suggestion for this.

Awaiting for your reply. Hope i ll receive ASAP.

Thanks
nethra

ashish - 5 years ago Reply

you can pass entry
cash/ party a/c dr
sales a/c 15450
vatoutput12.5-1931.25

kiritbhai - 5 years ago Reply

how to make tds ledger

Tarun - 5 years ago Reply

I m using tally9erp release-3. Inventory & Accounts Integeratated

Please tell me how can be salesman commission be managed/accounted in tally. I have around 23 salesman and running a retail/wholesale shop

Mahendra Rana - 5 years ago Reply

Tarun,
you will need a TDL to enable Salesman commission.

Ranjana - 5 years ago Reply

Dear sir, madam,
My Name is Ranjana I am passed MBA (F). I have problem in journal Entries, vat & Excise , Tds and Account entries .
so, please give me solution with simple example and entries with narriation.I am waiting for your reward

Thanking You,

Mahendra Rana - 5 years ago Reply

Ranjana,
It is not possible to provide free support to everybody. Free support is always limited.
If you wish so, you can join our premium membership and post your queries there. we will guide you step by step for all your queries related to Vat, TDS excise etc.
It is a paid membership forum.
Hope you will understand our limitation.

mamatha r rao - 5 years ago Reply

dear sir , can we use tally in financial institutions, can I get interest on deposits and loan automatically

Anand Singh Bisht - 5 years ago Reply

I have suffered with the same as above problem Please Guide me and send me the solution of that.

sagar kumawat - 5 years ago Reply

hello
u entered tds entry in tally 9.0 its very easy prosier.
thrir are simple 4 entry in tally 9.0
1. name of cata that u paid tds
2.party name that u deduct tds

2nd entry..tax deduction voucher alt+s

3.payment of tds
4.payment of amount that person

erp9 proser
only 3 entry

1st entry for categry and deduction for tds tax.
2. payment entry of tds of gov of india
3 payment of amount of person
regards:- ashwani sharma (cpca

chaitra - 5 years ago Reply

Dear si/Madam

My name is chaitra, Kindly clarify my below details:
Am working in Tally Erp 9 software, just one week back we have installed , on creating of ledger i.e, Freight charges on which under shall i select
and accept the same

Mahendra Rana - 5 years ago Reply

Chaitra,
Please contact the person from whom you have purchased the software. I trust they will clarify your doubts.

Nitin Goel - 5 years ago Reply

Journal entry for simple
TDS Deduct the party for other party for ex example:-

Ram hasbeen paid to commsion 50000/- Dt: – 31.03.2011
1. Commsion on sale :- 50000/-
2. TDS Dedducted :- 10%
So Math Matics Calculation 50000*10% = 5000

Journal Entry Justyfy:-
31 March 2011
Commmsion Dr. 50000

To Ram Cr. 50000

(for Ram paid to commision)

31 March 2011

Ram Dr. 5000

To TDS Cr. 5000

balachander - 5 years ago Reply

company given – 100000.00
service tax 10.3% – 10300.00
———–
110300.00
TDS deducted 2% – 2206.00
————
108094
———–
How do u pass Journal entry in tally

Rajesh Kuma Jha - 5 years ago Reply

Hi ,

Kindly help me hot to Made Sales Return and Purchases Return Voucher Entry.

Regards,

Rajehs Kumar Jha

Kumaresan - 5 years ago Reply

Rajehs Kumar Jha

Hi Rajes Kumar Very Good Evening.

Purchase
for Example:
Purchase Transaction :

Purchase Account (Dr) 100
All, Vat and Excise Account (Dr) 10
To, Supplier/CreditorAccount (Cr) 110

Purchase Return Transaction

Supplier/Creditor Account (dr)
To,Purchase Account (Cr)
To, VAT/Excise/Local Sales Tax (CR)

Sales Transaction.

Cestomer /Debtors Accont Dr
To, sales Account Cr,
To, VAT/Sales Tax A/c cr,

Sales Return :

by, Sales Account dr
By, Tax Account dr
To, customer Account Cr

Tally Group:
Ledger Group

Purchase – Purchase
Sales -Sales
Purchase Return – Purchase
Sales Return – sales
Vat/Excise /Sales tax – Duties and Tax (liablities)

Sales Returm —credit memo/note
Purchase Return – Debit note

Tnk reg :
M.Kumaresan, coimbatore , Tamilnadu

m. venkatesh - 5 years ago Reply

Dear Sir,

How to entry the tds entries in tally. rent every month Rs.25000/= every month end payable entry then next month 5th payment. what are entries in tally.erp9.

Mangesh - 5 years ago Reply

Sir,

Please tell me my party sales goods sold in shop and they claim vat which inclusive in mrp.
They wants to vat return purpose vat amount on Handloom products.
But Now afterlong time to verify only that entry in is it

Sales Reg.
Cash a/c. Dr.
Cash taxfree sales (shop) Cr.
Cash Taxable sales (shop) Cr.
Vat Taxable 5 % Cr.
Discount allowed Dr.

is this correct entry.
Please reply sir.
Thanks & Regards,
Mangesh.

vani shaik - 5 years ago Reply

helo sir,
i am working in a private co.,,,,pls help me in this transaction,,we puchased 100 pens from ABC co.,with petty cash amount,, wat will b the entry. how is shows in purchase register

shital jadav - 5 years ago Reply

my question is what is entery all are included vat /tds

Shiva Barhate - 5 years ago Reply

Dear Sir.
Would you like to sent all the Taxation Entries with narration.
Sir also update me new changes in all types of tax.
i am desperately waiting for your mail.
Please give me all the details as early as possible.
Thanks & Best Regards.
Shiva

rahul maingi - 5 years ago Reply

how to enter goods in transit (purchases) entry in tally to show goods in transit in pn l in tally

karthik - 5 years ago Reply

thank you sir

Chand pasha - 5 years ago Reply

How to deduct TDS on salary in tally.ERP9 or can i use book keeping methode plz reply me it’s urgent for me.

sumit kumar jha - 5 years ago Reply

dear sir
can i maintain all financial entries in tally.like TDS.Income Tax.sales tax.vat,dvat,service tax.
plz tell me
tank u

Ranu - 5 years ago Reply

Dear Sir,

how can we pass the March TDS and TCS payment voucher entry in April of next year through Payment helper.

My problem is that we create new firm for new financial year therefore march balance payment of TDS and TCS are not shown is april of next financial year when we pass the payment entry of TDS and TCS in the month of APril.

Plz tell me how can solve this problem
Thanks & regards
Ranu

Ranu - 5 years ago Reply

Our Tally Serial No. is 71XXXXCCC

Mahendra Rana - 5 years ago Reply

Ranu,
You should keep continue next year data in the same company.now no way you can do this.try to do it mannually

Ranu - 5 years ago Reply

thanx

Jyotsna - 5 years ago Reply

Dear Sir,

I have a problem to post an entry of salary professional tax, req. u to solve my problem.

question is.

1. if Mr.ABC – salary is Rs. 11000/- recd. in cash.then professional tax. amt will be 200/-.

what will be the correct entry in tally.

Ranu - 5 years ago Reply

Dear Sir,

I am using Tally ERP.9 Release 1.6 (Series A) and stat 111. I tried to replace the stat by stat 153 but this stat not working with my current release 1.6 so what i do for updating stat

Our Tally.Net subscription has been expired

Thanks & Regards
Ranu

Mahendra Rana - 5 years ago Reply

Ranu,

You can upgrade your software or Stat release until you renew your Tally.net subscription.
You can renew your Tally.net subscription online through us by using a credit card.

Mahendra Rana - 5 years ago Reply

Jyotsna,
You need to set up payroll auto processing in Tally. It will require some basic set up. Once you do the same, it will process entire Salary in automated way with all earnings and deductions and you need not to worry for the entry!

Ranu - 5 years ago Reply

Dear Sir,

I have a one more problem.

In J&K all industreis get remission order against Local sale from Commercial Tax Department after submision the sale tax return problem is the when we pass the sale voucher entry and show the VAT FORMS report Report show the wrong figure. Example is given below:-

X Dr 1103
Sale 13.5% Cr 1000
BED Cr 100
Edu Cess Cr 2
S H Edu Cr 1
Less Price Adj Dr 53
OutPut Vat 5% Cr 53

Total Invoice Value is 1103

Amt will be shown in Return (1000+100+2+1)= Rs.1050 and Vat will be shown in Return = Rs.53 but fact is that amt shown in report Rs.1103 and vat Rs.53 and vat payble report show the Rs.53 as vat payable balance but in actual we will not pay the vat because firstly we deduct amt as price adjustment after than we mentioned same amt of tax which is deducted as price adjustment

Note; In J&K state we all submit the Annexure I for claiming remission order but now till date no provision mentioned in tally

Ledger Group are given as under:-
Sale Sale
Excise duty & Taxes (excise)
Price Adj duty & taxes (other)
Vat duty & Taxes (Vat)

Please tell me how to solve this problem

Thanks & Regards
Ranu

Ranu - 5 years ago Reply

Dear Sir,

At the time of Entry passing of TDS on Salary (journal voucher) which nature of payment we will select under TDS (Type of duty)

We want that when we select the TDS helper (payment) than TDS on salary amt will shown in report automatically

santosh - 5 years ago Reply

sir
i am facing dificulty in current account and term loan account entries and in bank details just payment are more without having having ballance in current account please help me out, i am waiting for your help sir…

GOURAHARI JENA - 5 years ago Reply

I want to known,when i make a bill in tally the final rate of a item & vat rate display automatic,(final rate & vat not display) please give procedure in my id

Mahendra Rana - 5 years ago Reply

GOURAHARI JENA
Not sure, what problem you are facing ?and what you are looking for ?
Please send your query with screen shots to our contact us page along with your Tally serial Number else it won’t be responded.

K.NAGARAJAN - 5 years ago Reply

Dear Mahendran

How do i get Tally Serial Number….. I downloaded it from internet but not able to enter the vouchers. I am ready to pay for it. Pls help me.

bhagya.v - 5 years ago Reply

dear sir,

i known to create to ledger and group in tally but i not getting to create vochers, please requested to tell which auothor book i can refer for deep solution then tell me which web site i can get prolems to do in tally please sir i want only problems regarding tally with basic sir i known theroy but i want specific prolem which reference i can refer it requesting to sir
thank you
bhagya

anoop - 5 years ago Reply

hello sir please shown an example ( a work model or question) of manufacturing journal in tally erp 9.I am working in a computer institution in Kerala State I,m teaching tally and t want to show the work to the students . I,m eargerly waiting your reply thanking you maya

sachin gupta - 5 years ago Reply

sir can u tell me i am unable to seach in fb can u tell me your fb id as soon as possible

have a good day

thanks

Rajesh Sharma - 5 years ago Reply

i have problem jobwork entry please tell head direct enxpense indirect

vivian - 5 years ago Reply

If i pay the sales tax is RM 5000.00 but i got the sales tax deduction from purchases goods, if i can deduct RM 1,000.00 so the total sales tax i pay is RM 4,000.00.

How to do the transaction in simple method? thank you.

murugesh. - 5 years ago Reply

Dear Sir,
please clarify how we can make salary advance and the salary a/c in tally

Ramesh - 5 years ago Reply

I have to make a sales invoice and i have to give cash discount to the party because he is making payment within 15 days through cheque.

I want to know whether cash discount is given before VAT rate or should be given after VAT?

For Example:
————–
Item Name Qty Rate Total
Tubelight 20 Nos 40 800

Less:Cash Discount 2% 16
——
784
VAT 14.5% 113.68
——-
TOTAL 897.68
——-

OR
Item Name Qty Rate Total
Tubelight 20 Nos 40 800

——
800
VAT 14.5% 116
——-
916
Cash Discount 2% 18.32
——–
TOTAL 897.68
——–

Which one is correct.
Kindly Reply.

Mahendra Rana - 5 years ago Reply

Ramesh,
Cash discount has nothing to do with billed value or vat.
Cash discount is a post sales transactions and you can’t give its effect in advance that means you have to charge full vat otherwise it will be accounted as tax evasion.
you can give a trade discount in your sales invoice without any issue!

Sameer - 5 years ago Reply

want to edit the entry of TDS wherein I have entered one wrong reference of bill no. & amt in the column of “against ref.” appearing below party name. In short want to delete that wrong bill reference and amount.

Ajay - 5 years ago Reply

Dear Sir
Basically i am a recharge dealer, i get trasfer balance from my bank account and resale to my party, so by one means balance in hand is my current asset, is it right and at the time of saling balance should i pass payment entry or sales entry ? and how to maintain that recharge balance account ? means i wanted to get that rechrge account balance is credited when i transfer amount from bank and debited when sell to my party.

Thanks

Nawaj Maldar - 5 years ago Reply

Hi Sir

I have one problem
I join a new company but in previous year (2010-2011) many entries purchase and payment are post in tally but not provide reference to payment

this year split company Due to I face problem in provide reference for previous year transaction
and due to outstanding report create incorrect

how to clear previous year transactions

Ledger outstanding

1-Apr-2011 to 16-Dec-2011

Date Ref. No. Opening Pending Due on Overdue
Amount Amount by days
04/10/2010 1 29615.00 Cr 29615.00 Cr 04/10/2010 438
28/10/2010 B/2 – SLAB-2 14807.00 Cr 14807.00 Cr 28/10/2010 414
03/08/2011 B/LOFT LINTEL STAGE 14807.00 Cr 14807.00 Cr 03/08/2011 135
Sub Total 59229.00 Cr 59229.00 Cr
16/12/2011 On Account 44422.00 Dr 44422.00 Dr
14807.00 Cr 14807.00 Cr

SHABEER AHMED - 5 years ago Reply

DEAR SIR,
CAN WE LOCK STOCK JOURNAL FROM VIEWING. AS WE GOT OUR AUDITING TO BE DONE THIS DEC’2011, IT WOULD BE OF A GREAT HELP.

THANK YOU.

Nawaj Maldar - 5 years ago Reply

When i see the outstanding report here report show incorrect details like on account purchase or payment

my issue
previous year not maintain tally good by other person
purchase entry book with new reference but when payment paid against this bill in tally not show the purchase reference for that payment show as on account

current year we spilt the comapny in tally

but in outstanding report pull the previous year transation show one purchase entry and one payment opening bal on account

how to clear this problem

Ledger : 1-Apr-2011 to 17-Dec-2011

Date Ref. No. Opening Pending Due on Overdue
Amount Amount by days
04/10/2010 1 29615.00 Cr 29615.00 Cr 04/10/2010 439
28/10/2010 B/2 – SLAB-2 14807.00 Cr 14807.00 Cr 28/10/2010 415
Sub Total 44422.00 Cr 44422.00 Cr
17/12/2011 On Account 44422.00 Dr 44422.00 Dr
14807.00 Cr 14807.00 Cr

jitendra Parmar (Jitu) - 5 years ago Reply

Dear Rana Shab,

Very Good Evening Hope you are fine.

I am Jitubhai… a former employee of Hitesh Industries. I think now you can remembered me.

Sir, I am proud of myself that I had done work with you at Hitesh Industries in year 2006-2008 & I had gained some of the experience from you for Accounting Data Entry using Telly Software. I am really thankful to you.

As you are the one of the top Intelligent accountant of the Accounting History, I humbly request you to provide my easiest way to learn Telly 9 in short period to become Top Data Entery operator as well successful Accountant like you.

Waiting for your reply soon on my mail

Thanks,

Jitu…

Mahendra Rana - 5 years ago Reply

Hi jitubhai,
What a surprise to see here!
How can I forget my collegues who worked with me. I am so happy to see you after a long time
Well Right Now I shifted to mangalore recently

regarding learning Tally, unfortunately, there is no easiest way to learn it.All you need is to start working in an Account department in any company. The day-to-day work are the best teacher!

If ever you any confusion or doubt in accounting of any kind of entry, I am always available here to help you. but Again Accounting is a very practical subject and every company have different nature of business, different types of accounting treatment, nature of transactions so, its not easy nor possible to offer any ready made solution in this regard.

Jitendra Parmar (JITU) - 5 years ago Reply

Dear Rana Shab,

I am very happy that my dear collogue shifted to Mangalore.

Thanks a lot for your timely precious suggestions in regards of learning Telly.

As stated by you that Account is Practical subject & it is depend on the nature of business of one company to another, then also I keen to learn the telly at any cost from the basic from my GURU of Account Mr. M. K. Rana. Therefore for learning telly at Home through theoretically as well as self practice on computer at Home, Please kindly suggest the BEST REFERENCE BOOK TO LEARN TELLY (Covers all Chapters) & LATEST TELLY SOFTWARE which is internationally approved & helpful for future.

Meanwhile, at present I am working As an PA to Shri Kishorbhai Kadvani – Chairman of GIDC-Lodhika Association & looking task of his personal account through manually. Now to earn more though Telly Data Entry of 1-10 company in single day in GIDC – Lodhika, Shapar, Metoda & Halamtara, I therefore think that there is large scope for Account rather than other department in any Indl. Company.

Please kindly suggest whatever suitable for me.

Thanks,

Jitu

Mahendra Rana - 5 years ago Reply

jitu,

There is no complete and ultimate book on Tally. However all basic and advances tutorials are available for free at http://www.tallysolutions.com. These are very helpful. If you need, I can recommend you Online Video Tutorials to learn Tally. Few of my known people have purchased those CDs and informed me that it is really good to learn Tally so you can try with them. Click here to get such CDs It’s not much costly.

Yes, in Metoda, there are some Companies who needs part time accountant. You may have a good scope in this regard for sure.

VIJAY BHASKAR - 5 years ago Reply

Go to Accounts info, click on groups, create salary account and advance salary account.

Krishnakumar12 - 4 years ago Reply

Sir, 
 We have received labour bill from xyz company..in this bill we have to deduct the TDS amount.what is the entry for this and under what heading it will come
 
 

suraj prakash gupt - 4 years ago Reply

how to creation and uses tds in tally (a to z)

kavya sharma - 4 years ago Reply

How to Enterd in Tally Vat Entriesin Contractor company

goutam jain - 4 years ago Reply

Dear sir
we alrady paid salary for 2 month but not deduct TDS but now we start payroll on tally then how we set it plz give advise

ch.vkmurthy - 4 years ago Reply

Dear sir,
I am a new person with work on tally please tell me about the tally entrees and create balance sheet and trail balance.TDS entry.

Thanking&Records
CH.v.k.murthy

Selvi - 4 years ago Reply

Sir,

In tally erp9 how to take printout sales invoice as contionusly. i need to take printout more than 100 Invoices / day. pls suggest me. Which option i go to enable.

charity - 4 years ago Reply

good morning sir, can i ask something about the journal entry for a subsidiary company(y) in which the parent company(x) has these entries in the debit side which are investments in equity-y and accounts receivable-affiliates and on the credit side is cash in bank. ? what is the compound entry for this transaction?thanks sir.i highly need your answer.thanks

Kumar Bansode - 4 years ago Reply

Dear sir,
are available jv system in tally erp 9 ?

Auxilia - 4 years ago Reply

Dear Sir,

Please tell me, how to pass the entry when TDS deducted in tally

vikram - 4 years ago Reply

how to pass entries for tds expenses, display amount spent in budgets, and make statuatory deductions like pf esi festival advance etc in tally 9

Samrendra - 4 years ago Reply

My Querry is in Tally how this case is Handled?
1. Item Amount is Rs1000/- and Bill sent by Supplier of Amt 1500/- Later Found Rs. 500/- for Reject Qty), now while doing voucher entry, how tds amount will be calculated by Tally if TDS @ 2% then TDS Appliacble Amt will be how much and how this tally wll handle? Also if next bill comes of Rs.1000/- then what will be TDS applicable amount ?
How this is handled in Tally ? Kindly advice..

Harish - 3 years ago Reply

How enter Percentage of TDs.

Deepika Singluri - 3 years ago Reply

How to post the TDS entries in Tally ERP 9?

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rupesh bhatkar - 3 years ago Reply

How to pass the entry for materials in transit in Tally ERP9

Anil Dutt Kaushik - 3 years ago Reply

please sir how to make a tds entry in tally erp 9 verson

JYOTI S. GAWADE - 3 years ago Reply

Hello Sir,

I am working on software development company.

we are make FD in bank .

after 1 year we got interest on FD that in more than 5000/-

so, TDS is liable.

So, my question is it entry will be receipt or JV.

IF it JV so please guide me how to pass entry for that TDS Receivable

Thank you,
And Best Regards.

hitesh - 3 years ago Reply

i wont to join this side

ashok tiwari - 3 years ago Reply

Iam working in a job work company. i want to work in tally 9, how can i work for materials receipt & materials out record.

rahul - 3 years ago Reply

Sir,

Please assist me to hand TDS entry in tally. how can rent tds entry do . . . ?

rahul bhosale - 3 years ago Reply

Sir,

Please assist me to TDS cutting entry in tally. 7.2

rabina maharjan - 3 years ago Reply

dear sir

my name is rabina & i am working in pvt firm as an ass.accountant.i have a problem to entry tds and its group.sir plz tell me how to entry previous years tds and current year’s tds in current year and in which group should we put previous year’s tds in current year.

dharveer sharma - 3 years ago Reply

Sir i want to take advice to you i have do job account post but after 6 year before change my profile so my confidence is lose can i stat again

`

dharveer sharma - 3 years ago Reply

Sir i want to take advice to you i have do job account post but after 6 year before change my profile so my confidence is lose can i stat again

`

Pravat Kumar Biswal - 3 years ago Reply

please help me sir in tally pakage

Rekha rani - 3 years ago Reply

Plz tell me about full process of tds stap by step or tcs

Aruna - 3 years ago Reply

Dear Sir,
Please tell me sir,mechinery parts and repair tax bill, how to make journal entry in tally erp 9
eg. Party name network and sales
14.5% purchase carbonbush etc.. 450.00
vat applicable 65.25
handling charges 100.00
total amt 615.25
purchase entry is correct or journal entry is correct, Can you please explain me with entry to email id

Regarding
aruna

JALILAHMED - 3 years ago Reply

HOW WILL TALLY ERP 9 TDS PAY LABOUR ENTRY SHOW ME

jitendra raghuvnashi - 3 years ago Reply

it is very helpful but i confused about % of tds.

mohana priya - a couple of years ago Reply

i have doubt how to take payable list becz i have bal amount on s.cr sbt they are saying diff amt.present list how to take. onen more doubt how to reconcile the bank statement.

manjuvanishree - last year Reply

i have an security service company i want to use tally in account how it helpful to me what are entries i can do???

Mahendra Rana - last year Reply

Hello manjuvanishree,
surely we can help you in this regard.
I will send you a mail in this regard.

RV. Yogeshwar - last year Reply

I am a freelance worker. I have trouble in entering salary TDS working. I created TDS on contractor, professional or technical, etc with exact sections under duties and taxes in tally. But there is no section available for TDS on salary. I need the section for TDS on salary to get select in tally under duties and taxes, for that what i want to do. or there anyother provisions available to get this option.

I spoken to one expert, he said that sec of TDS on salary not available in ledger. But this option is available on Payroll. Can you detail it please.

Mahendra Rana - last year Reply

Hello RV.

You were rightly advised that the TDS on salary is covered under the Payroll Feature.
So, you need to enable Payroll in Tally.ERP 9 and then you need to configure the employee master, salary master, leave and many things after that you need to pass all salary vouchers in the payroll Vouchers.
If you need my help in this regard, you can hire me through Vcita. at the site https://www.tallynine.com on the right side bar there is an option to hire me

karabi - last year Reply

Dear sir
i am karabi..i m trying to learn about TDS..I d’nt know how to make tds entry in tally erp 9..please help me sir..

Vinod Gotam - last year Reply

dear sir,
i am vinod from punjab. i want to knw all about taxation and entries. do you have any pdf file or any other way to give me all detail regarding taxation. my mail id
i also want to join your facebook page plz send me link.
thank you sir.

Mahendra Rana - last year Reply

Hello Vinod,
Thanks for contacting us. The PDF files are available at Tally

mukesh kumar mandal - last year Reply

sir i just want to configure vat computation in tally erp9
so pls tell me how to genrerat vat computation file in tally for vat return

Mahendra Rana - last year Reply

Hello Mukesh,
In Tally.ERP 9 Vat computataion generate automatically, but you need to configure your Sales/Purchase /Debtors/Creditors ledger and item ledger properly. And also need to pass entries accordingly.

IMRAN KHAN - last year Reply

Sir my self imran khan I m a accountant in contruction firm my problem is related to TDS
our earth movers service which providind us crane and jcb on contract basis . her toatal bill was
more than 250000/- as per TDS rule the limit is only 30000/- if transaction is more than 30000/- tds should be deducted 1% .My client is ready to deduct tds . but are company manager ask him to receive pyment in a small amount on monthly basis 40000 pm .so how should i calculate tds on these amt . sir plz reply as early as possible.

Shalini Gowda - last year Reply

Sir i want pass journal entry (PT) how to pass in Tally ERP 9 please help me Sir

Mahendra Rana - last year Reply

Journal Entry depends on the nature of the transactions.

If you specify the nature of transactions, then someone can help you.

Shalini - last year Reply

I Paid Professional Tax how to enter journal entry in tally ERP9

Mahendra Rana - last year Reply

Shalini,

Professional tax or any payment entry is to be passed through the payment voucher.(F5)
Debit the professional tax and credit bank or cash by which you paid the tax.

Shalini Gowda - last year Reply

Ya i know payment entry. after payment i am checking Professional tax ledger it was showing closing balance. i want close that balance what i can do i am asking you please help me.

Mahendra Rana - last year Reply

Shalini,

I am not getting you. There are 2 types of professional tax. One is on Employee- staff and another is firm’s professional tax. If you are posting for the second one, then it will have a debit balance. the professional tax should be created under the indirect expenses group for firm’s professional tax.
And if you are posting Employee professional tax, then it will have completely another entries as well as grouping of the ledger too

Shalini Gowda - last year Reply

I asked Employee professional tax.

Mahendra Rana - last year Reply

Please credit payable ledger first.

vani - last year Reply

hi
i received commission from company , 1% tds deducted on commission how i pass entry of TDS deducted

vani - last year Reply

hi sir please help me
TDS deducted company on commission
what is the entry for this and under what heading it will come

Kanchan - last year Reply

Hello Sir

I want to know how to do this entry..Rs.65425 paid to Chopra adevertisement agt.bill no-22 after necessary Tds deduction

deepak - 10 months ago Reply

Dear Sir
my accounts basic concept is weak pls guide me how strong my account concept . Then do as a accountant job.
thanks

Swara Ghag - 10 months ago Reply

Myself swara
Can u tell me from above example how tds duducted from RS. 100000

Pihu pandey - 9 months ago Reply

I m pihu
I m facing problem in TDS entry.plz help me
I m using Tally 9 educational software

Pihu pandey - 9 months ago Reply

How to show TDS detail screen

Priti Maccha - 7 months ago Reply

Sir I am a housewife but I want to learn tally sir tell me how to vat and tds entry in tally step by step plz tell me setting options also

Rohit Kuamr - 6 months ago Reply

freight service – 95000
service tax 14 % – 13300
sbc .5 – 475
kkc .5 – 475
total amount -109250
payment received – 107065
how to make entry of payment received in tally also of tds.
please reply soon on my email also .

SANGHAPAL KHARAT - a few months ago Reply

i HAve problem of TDS ,, TDS deducted in last year (15-16) And paid in next year (16-17) what is entry in 16-17 please suggest me

Manjula - a few months ago Reply

Manjula

In vat computation vat refund amount is carrying to next month is more . can you suggest this

prakash kr jha - a couple of months ago Reply

pls send your email id

darshan - last week Reply

cash…..dr 17381.
to outputvat… 1931
to sales……………….15450

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