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SALARY ADVANCE DEDUCTED FROM EMPLOYEES FROM THEIR MONTHLY SALARY |
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AND NETT SALARY PAID / CREDITED TO THEM . WHILE PASSING ENTRY FOR THE |
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SALARY PAYMENT ,THE AMOUNT DEDUCTED AS ADVANCE FROM THE EMPLOYEES |
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NOT CREDITING TO EMPLOYEES PERSONAL ACCOUNT . |
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WHILE PAYING ADVANCE TO EMPLOYEES , WE HAVE DEBITED TO THEM AS WE HAVE |
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OPENED THEIR ACCOUNT IN ' VENDOR' CATEGORY UNDER THE GROUP OF 'EMPLOYEES |
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ADVANCE ' |
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BY PASSING MANUAL JOURNAL ENTRIES , THE EFFECT OF CREDIT NOT REFLECTING IN |
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THE INDIVIDUAL EMPLOYEES ACCOUNT . |
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SAME IS THE CASE WHILE THE EMPLOYEES RENDERS THEIR ACCOUNT AGAINST THE |
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ADVANCES GIVEN FOR TOUR OR OTHER WORK / EXPENSES. |