Voucher in ascending order . (Audit)

This query is : Resolved

Parth

( Author )
04 February 2013

I have a query in respect to accounting entries in Tally .

1)Is there a compulsion for a company to start its voucher number from 1 from the beginning of the accounting year ?

2)Should the raising of invoice bill number also start from 1 from the beginning of the year ?

3)I need some guidance in respect to this . Thanks in advance

CA AYUSH AGRAWAL

( Expert )
04 February 2013

No, Nothing Like That.
You Can Start from
In Year 2011-12

1/2011-12
2/2011-12
3/2011-12

In Year 2012-13
1/2012-13
2/2012-13

or You Can Also Start Like This.
01/2011-12
02/2011-12
.
.
.
586/2012-13 Like This.
No Issues.