18 April 2015
Kindly suggest solution on following issues:-
1) IF BILL RECEIVED DATED 05.04.2015 BUT CONCERN BILL EXPENSES RELATED TO FOR THE FINANCIAL YEAR 2014-15 AND OUR BOOKS STILL NOT CLOSED FOR F.Y 2014-15 THEN CAN WE BOOKED THIS EXPENSES IN MARCH -2015.
OR
WE NEED TO MAKE PROVISION OF THE ABOVE SAID BILLS.IF YES THEN IT IS POSSIBLE TO CREDIT LIABILITY TO CONCERN PARTY DIRECTLY OR EXPNSES PAYABLE ACCCOUT.
CAclubindia
