Medical Insurance Under Which Head In Tally. Best place to learn accounts, tax, excel and tally. 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.
Best place to learn accounts, tax, excel and tally. Ii download tally under group list pdf. You can also specify either percentage or value or combination of both.
For control purpose, the sub heads may be created under staff welfare expense like tea & refreshment expenses, medical expenses, personal accident expenses, uniform expenses etc. The journal entry would be: Most of the students would be wondering about the information that how to pass a voucher or payment entry for premium payment of life insurance such as lic, and sbi insurance.
Direct expenses all expenses which appear in trading account (except purchases) like labor power electricity expense (factory) loading unloading expense warehousing expenses custom clearing charges carriage freight & cartage import duty wages coal & fuel Then my p&l showing profit 285000 and transfer to my balance sheet as a capital of rs.285000 but it should be 300000. And later when the insurer makes the payment:
Iii list of ledgers under group in tally. Vi bank interest under which head in tally. In every implementation of group wise tally ledger list prepared first which affects trading a/c, profit and loss a/c and balance sheet.
Likewise all the transactions related to cash will under cash a/c and so on. How to post lic premium paid entries in tally under gst. Any payment, in case of more than one claim under the policy, during any one period of insurance by which the maximum liability of the company in that period would exceed the capital sum insured payable under this policy except in case of permanent total disability claim, in which case the amount payable is 150% of the sum insured.
Learn life insurance accounting journal entr. So , this account will debit in voucher entry and insurance company is giver of claim amount and this entry is. Leader creation is very important part for.
