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How do I enter monthly recurring salary Journal and receipt voucher in MProfit?

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  • How do I enter monthly recurring salary Journal and receipt voucher in MProfit?

    There are two ways to make the salary entry in MProfit:

    A. Manual JV entry :

    1. Click Journal label to open JV voucher.





    2. Enter the vouchers one by one - Company Name, Profession Tax, EPF Account, TDS and Salary ledger.

    Here is the example of how salary JV will look like:





    3. Click on Receipt label to open Receipt voucher.






    4. Select your bank and choose the company name from the list. Enter the Net Salary and click on Save.





    Here is how your company ledger will look like:





    5 . Now to make subsequent month recurring JVs, open the salary ledger.

    Right click the first JV which you manually entered. Select the option "Duplicate Voucher" and change date and narration and save it.







    6. Similarly you can make recurring Receipt vouchers. Open your company ledger. (In this case Money Managers Pvt. Ltd.)

    Right click the receipt entry which you manually entered. Select the option "Duplicate Voucher" and change date and narration and save it.







    B. Entry through Bank Import:

    1. Suppose you are getting a salary into your bank statement.

    Here is the video on how to import bank statement: http://support.mprofit.in/threads/265/

    Assign 1 ,oo,ooo entry to ledger 'Money Manager Pvt. Ltd.' and click on 'Import & Save Marked' button to save the transaction.







    2. Follow the steps 5 and 6 to make the recurring vouchers.
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