Direct Expenses

Here you are adding your Direct Expenses ledger to Munim.
After doing this, you are able to manage your direct expenses.

Create Direct Expenses Ledger:

  • Go to the Ledger module in the left sidebar.
  • Click on the Create ledger button or press Alt+N key
  • Select Direct Expenses ledger on Under group ledger drop down list.

Field Information for Direct Expenses ledger:

 

FieldDescriptionNote
Under groupHere select the Direct Expenses ledger. 
Ledger nameHere write your ledger name.Mandatory field
Short nameHere write your ledger short name. 
DescriptionHere write your ledger description. 
HSN/SACHere write HSN/SAC code for your ledger. 
GST Rate (%)Here select GST Rate for your ledger. 
Nature of transactionHere select the Nature of transaction for your ledger. 
TaxabilityHere select Taxability for your ledger. 
TDS sectionHere select TDS rules for your ledger. 
TDS (%)In this field, automatic data(TDS %) arrive against your select the TDS section rule. 
TDS threshold limitIn this field, automatic data(TDS threshold limit) arrive against your select the TDS section rule.