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Iam working in a Pvt.Ltd.Company.My Company Paid 3 partners security for landlord 60,000 individually.Which account head is created for this entry pass in tally
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Dear Devesh
We are unable to understand your query.
You are working in a private Limited Company.
You just break your query into small sentences with 4 to 6 words per sentence, so that all the members can understand your query easily.
As per my understanding your company has paid the security deposit (advance for their accommodation) for the residence allotted to the three partners (instead of House owners you mentioned it as landlord) Rs. 60000/- each.
You are asking guidance on how to book (in which account head) the security deposit (rent advance) paid to the house owners.
If the same is your query please book the expenditure incurred on payment of Security Deposit (Rent Advance) to House Owners account head.
You can wait for some time so that our accounts members can guide you in this regard.
I m working in a pvt.ltd.company.Its Provide security (Security Guards) in Delhi/Delhi-NCR. A contractor is deduct regularly(Monthly) 5% security on gross sale.(e.g.:Gross Sale-100000+Service Tax 12.36%=112360).and payable ch.90000+Service Tax 12.36%=1,01,124.Is we'll pay service tax on security deposit amount(5%)which we'll received in future at the time of termination of contract.or not,as per govt.rules services tax is applicable on sales basis.
How to enter this amount in my sales register(separately or not).Gross Sales+security deposit+service tax
,is any need to entry in journal entry.
I m working in a pvt.ltd.company.Its Provide security (Security Guards) in Delhi/Delhi-NCR. A contractor is deduct regularly(Monthly) 5% security on gross sale.(e.g.:Gross Sale-100000+Service Tax 12.36%=112360).and payable ch.90000+Service Tax 12.36%=1,01,124.Is we'll pay service tax on security deposit amount(5%)which we'll received in future at the time of termination of contract.or not,as per govt.rules services tax is applicable on sales basis.
How to enter this amount in my sales register(separately or not).Gross Sales+security deposit+service tax
,is any need to entry in journal entry.
more at https://www.citefin.com/10150-securi...#ixzz2p1yOXzVC
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