Accounts

From BSG Knowledge Base

Contents 1 Expenses 2 Payments 3 Sales Invoice 4 Receipts 5 Salary Entry 6 Salary Payments

Expenses

• Type of Expenses - Choose Expense Name
• Transaction Reference - Supplier – Bill Number – Bill Date
• Date - Entered Date
• Amount - Amount
• Remarks - If Any
• Debit Account - Expenditure – Expense Name
• Credit Account - Accounts Payable – To Pay

Payments

• Type of Expenses - Choose Expense Name
• Transaction Reference - Track Transaction Reference from Expense Entry
• Particulars - Track Remarks from Expense Entry
• Pending Amount - Track Amount from Expense Entry
• Pay Date - Paid Date
• Cheque No/Cash/DD - Supplier – Cheque / Cash – Cheque Number
• Total Amount - Total Amount
• TDS Amount - TDS Amount
• Pay Amount - Total Amount is subtracted from TDS Amount
• Remarks - If Any
• Debit Account - Accounts Payable – To Pay
• Credit Account - Cash – Petty Cash / SBI / ICICI, (If TDS, Tax-TDS)

Sales Invoice

• Customer Name - Choose Customer Name
• Invoice Date -Invoice Date
• Invoice Number -Invoice Number
• Amount - Amount
• Service Tax - Service Tax Amount
• Total Amount - Amount is added with service tax amount
• Remarks - If Any
• Debit Account - Accounts Receivable – Customer Name
• Credit Account - Sales – Software Services, Tax - Service Tax

Receipts

• Customer Name - Choose Customer Name
• Transaction Reference - Track Transaction Reference from Sales Invoice Entry
• Particulars - Track Remarks from Sales Invoice Entry
• Pending Amount - Track Amount from Sales Invoice Entry
• Receive Date - Receive Date
• Cheque No/Cash/DD - Buyer – Cheque / Cash – Cheque Number
• Receive Amount - Receive Amount
• TDS Amount - TDS AmountService
• Tax Amount - Service Tax Amount
• Amount Without TAX - ( Receive Amount + Service Tax Amount ) - TDS Amount
• Remarks - If Any
• Debit Account - Cash – Petty Cash / SBI / ICICI, (If TDS, Tax-TDS)
• Credit Account - Accounts Receivable – Customer Name

Salary Entry

• Date - Salary Date
• Description - Month Year ( Example : May 2009 )
• Employee Name - Choose Employee Name
• Salary - Salary Amount
• Remarks - If Any
• Debit Account - Salary – To Salary
• Credit Account - Accounts Payable – Employee Name

Salary Payments

• Employee Name - Choose Employee Name
• Transaction Reference - Track Transaction Reference from Salary Entry
• Pending Salary - Track salary amount from Salary Entry
• Pay Date - Paid Date
• Cheque No/Cash/DD - Employee – Cheque / Cash – Cheque Number
• Gross Pay Amount -Total Salary Amount
• TDS Amount -TDS Amount
• Net Pay Amount - Total Salary Amount is subtracted from TDS Amount
• Remarks - If Any
• Debit Account - Accounts Payable – Employee Name
• Credit Account - Cash – Petty Cash / SBI / ICICI, (If TDS, Tax-TDS)