How to Create Advance Salary Deduction Pay Heads in Tally Prime?
Step: GOT > Create > Pay Heads > Enter
Ø After reaching by follow above step, fill all details to create Advance Salary pay Heads like,
· Name–Enter the name of Deduction Pay Heads. like I Enter “Advance Salary Expense”
· Pay head type – In this section different type of Pay heads are listed. Select “Loans and Advances” from list to create Deduction Pay heads of Advance Salary.
· Under – Select “Loans & Advances (Assets)” because Advance Salary is Loans &
Advances for Employer.
· Affect Net Salary – Set to this option “Yes” because Advance Salary Affect net Salary.
· Name to be displayed in payslip – Left it by Default name “Advance Salary Expense” to
Print in Pay Slip.
· Calculation Type – Select “As User Defined Value” from list for Advance Salary because
it is decided Employer that how much he Paid Advance Salary amount to Employee.
Ø Fill all Above details in Pay heads screen to create Advance Salary Deduction Pay heads like following screenshot:
· Press Enter or Ctrl+A to save this screen.
Canteen Deduction Pay Heads