Medical Insurance Under Which Head In Tally

Medical Insurance Under Which Head In Tally. Go to gateway of tally >payroll info >pay heads >create. Paid mediclaim policy 15000 it is exempted under 80d i am very confused to create that ledger in which group.

Insurance Claim Under Group In Tally User Defined
Insurance Claim Under Group In Tally User Defined from stardollandwikokaro.blogspot.com

Best place to learn accounts, tax, excel and tally. 2) now let's say the agreed amount of the claim was $50,000 instead of $60,000. In the pay heads creation screen, type employer esi @ 4.75% as the name of the pay head;

Set Alter Tax Detail :Yes;


Reimbursement pay head (payroll) you can create a reimbursement pay head to account for the reimbursements to be paid to employees, and set the net salary and income tax components accordingly. (section 17(2)) fixed medical allowances: Please suggest how to treat this entry in tally.

Paid Mediclaim Policy 15000 It Is Exempted Under 80D I Am Very Confused To Create That Ledger In Which Group.


Professional fees under which head in tally? This amount is payable in addition to the sum insured. Select indirect expenses from the list of groups.

In The Pay Heads Creation Screen, Type Employer Esi @ 4.75% As The Name Of The Pay Head;


You put professional fees under indirect expenses or expenses (indirect) in tally. All the expenses relating to repair and maintenance of official vehicles are booked under vehicle maintenance expenses. These vehicles include all heavy vehicles which are used for transportation of goods or employees of the business firm and light vehicles which are used by the employees of the company.the amount spent for purchasing the petrol, general repair,.

Conveyance Expenses Incurred By So Many Persons And So Many Times, In This Case All The Transaction Will Be Booked Under The Head, Called As Conveyance Expenses A/C.


Account head is a name under which particular types of transactions are recorded. Select employee state insurance in the statutory pay type field from the employer’s statutory contributions drop down And later when they make the payment:

To Recognize The Various Transactions, The Account Heads Are Created.


List of ledgers & it’s under group in tally ledger name to be created tally under group head accrued income current assets accrued rent/ accrued income current assets advertisement expenses indirect expenses advertisement payable current liabilities air conditioner fixed assets apprentice premium direct incomes 2) now let's say the agreed amount of the claim was $50,000 instead of $60,000. Name to be displayed in payslip: