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EXPORT SALE VOUCHING

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(Querist)
29 March 2009 HELLO,
CAN ANY ONE TELL ME THE KEY POINTS THAT I KEEP UNDER CONSIDERATION WHILE PERFORMING EXPORT SALE VOUCHING.
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Guest (Expert)
29 March 2009 In addition to procedure of vouching for normal sales transactions u will hv to See Bill of Export for proper accounting......
Also check whether sale is on CIF or FOB basis?
revenue should be recognised only when ownership has been transferred.
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SREELALITHA V

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SREELALITHA V (Expert)
05 April 2009 Export agreement,
Bill of lading,
Receipt of sale proceeds with in 6 months.




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