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A new GSTR-2B API is applicable from 14th Nov 2024, which affects auto-reconciliation of GSTR-2B for Oct-24. Stay tuned for our upcoming release, TallyPrime 5.1, which supports this and makes reconciliation even smoother.
https://help.tallysolutions.com/docs/te9rel66/Payroll/Creating_Payable_Ledgers.htm

Salary, PF, ESI, NPS, PF Admin Expenses Payable Ledgers (Payroll)

To process Salary in Tally.ERP 9, you can create payable ledgers for salary, PF, ESI, NPS and PF admin.

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Salary Payable Ledger

PF Payable Ledger

ESI Payable Ledger

NPS Payable Ledger

PF Admin Expenses Ledger

Salary Payable Ledger

With a salary payable ledger, you can account for the salary that is earned by an employee but has not yet been paid.

1. Go to Gateway of Tally > Payroll Info. > Pay Heads > Create .

2. Enter the name of the ledger in the Name field.

3. Select Not Applicable as the Pay head type from the list of Pay Head Types

4. Select Current Liabilities from the List of Groups in the Under field.

5. Press Enter to save.

PF Payable Ledger

In order to process salaries in Tally.ERP 9, you need to create a PF payable ledger along with Salary Payable Ledger, ESI Payable Ledger, NPS Payable Ledger and PF Admin Expenses Ledger.

1. Go to Gateway of Tally > Payroll Info. > Pay Heads > Create .

2. Enter the name of the ledger in the Name field.

3. Select Not Applicable as the Pay head type from the list of Pay Head Types.

4. Select Current Liabilities from the List of Groups in the Under field.

5. Press Enter to save.

ESI Payable Ledger

In Tally.ERP 9, you can create the ESI Payable ledger and use it in all related transactions.

1. Go to Gateway of Tally > Payroll Info. > Pay Heads > Create .

2. Enter the name of the ledger in the Name field.

3. Set the Pay head type as Not Applicable, from the list of Pay Head Types .

4. Select Current Liabilities from the List of Groups at the Under field.

5. Press Enter to save.

National Pension Scheme (NPS) Payable Ledger

1. Go to Gateway of Tally > Payroll Info. > Pay Heads > Create .

2. Enter the name of the ledger in the Name field.

3. Set the Pay head type as Not Applicable , from the list of Pay Head Types .

4. Set the ledger as under Current Liabilities from the List of Groups .

5. Press Enter to save.

PF Admin Expenses

1. Go to Gateway of Tally > Accounts Info. > Ledgers > Create .

2. Enter the name of the l edger in the Name field.

3. Set the ledger as under Indirect Expenses from the List of Groups .

4. Set Inventory values are affected to No .

5. Select Normal Rounding from the list of Rounding Methods , and type 1 as the rounding Limit.

6. Press Enter to save.

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