How to create Payable Pay heads in Tally Prime?

Step: – GOT > Create > Pay Heads > Enter

Ø After reaching by follow above step, fill details for Payable Pay heads,

· Name – Type name of Payable Pay heads like I type “Salary Payable”

· Pay Head Type – Select “Not Applicable”.

· Under – Select “Current Liabilities”

Ø
Fill details like following screenshot:

Ø Practice exercise to create Payable Pay heads, for You

Name

Pay Heads Type

Under

PF Payable

Not Applicable

Current Liabilities

NPS Payable

Not Applicable

Current Liabilities

ESI Payable

Not Applicable

Current Liabilities

PF Admin Expense

Not Applicable

Indirect Expense

Process 2: Payroll Voucher Processing