Outgoing Payment Issue
I need to make Outgoing payment with cheque for the following entry.
Remuniration A/C - Dr 50000
To TDS Payable Cr --- 2000
To S/H Cess Cr --- 1000
To Bank Cr --- 47000
i.e I have multiple credit entries. How do we map in B1. I cannot journal entry. Because I need to capture the cheque number.
Kindly provide me the solution for above scenario
Thanks in Advance
Edited by: shashi mantripragada on Oct 13, 2008 5:51 AM
There is one work aorund for that as follows -
You need to select radio button of account in Outgoing Payment, in this you need to select the desired accounts & put the negative amount (amount with negative sign) for the accounts needs to be credited.
In your case,
Remuneration A/c 50000
TDS A/c -2000
SHEcess A/c -1000
Now, go to payment means & pay by check amount Rs. 47000.
Hope this will help you.