Thanks Sankarsan for explaining me.
I have few doubts Salary I understand is expense for the Company. But how can we map Deduction and Bank Account (both) to balance sheet account... On similar lines.. for WT2000: +ve amnt is debit and -ve credit ,is same as for WT1000 and WT 1010 why so? ...wont it be inverse of each other..
WT/559 should be mapped to 7000(this I belive is typo mistake )....
Can u share more insight with me ... Sorry to be such a bothersome person, but my a** is on fire now bcoz of issues creeping in...
Regards
Mohinder