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Chapter 9 | Salary

Recording PF and ESI Payments

The PF and ESI due is recorded in Moiboo Software as explained in the previous segment. Payment of PF or ESI is done using a regular payment voucher.

Let me now show you how.

  1. Now go to Journal under accountant tab

  2. Click add journal option now add salary and PF,ESI entry

  3. Add a Description for your reference.

  4. Select the Date.

  5. You can add the details of the new Ledger by clicking on the "+" button near the Ledger field.

  6. Select Salary ledger and add salary amount under debit column.

  7. Select bank or cash and add amount under credit column.

  8. Select ESI Employee payables ( current liability) and add amount under Credit column.

  9. Select PF Employee payable ( current liability) and add amount under Credit column.

  10. Then save

  11. When You Make The Payment To Government, Now You Need To Pass Journal Entries.

  12. Now go to Journal under accountant tab

  13. Click add journal option now add salary and PF,ESI entry

  14. Select ESI Employee payable ledger and select amount under debit column.

  15. Select PF Employee payable ledger and select amount under debit column.

  16. Select ESI Employer contribution ledger and select amount under debit column.

  17. Select PF Employer contribution ledger and select amount under debit column.

  18. Select bank or cash and add amount under credit column

  19. Then save