Hello guys,
I have a scenario in which award amount need to deducted/adjusted through salary which is already paid in cash at the time of declaration. I have no clue as how to deduct award amount as shown in credit side of the salary slip.
SALARY SLIP
Dr. Side Cr. Side
Award (paid in cash is created) 200,000 Award (adjustment) -200,000
Withholding tax 10,000
Thanks in advance
Anand