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TallyPrime 5.0 automates TDS calculation under Section 194Q, ensuring compliance with Finance Bill 2021. Easily calculate TDS on transactions, manage threshold limit and exemptions, and file returns seamlessly.
https://help.tallysolutions.com/docs/te9rel53/Payroll/Creating_PF_Payable_Ledger.htm

Creating PF Payable Ledger (Payroll)

To create the PF 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. 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.

  1. Press Enter to save.

Similarly, you can create the Salary Payable and ESI Payable ledgers.

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