Hello sir,
Sir bill date 31 march 2021 hai but goods received on 1st April, then entry kis F. Y. Me hogi plz guide.
Ankur Saini (6 Points)
02 April 2022Hello sir,
Sir bill date 31 march 2021 hai but goods received on 1st April, then entry kis F. Y. Me hogi plz guide.
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 02 April 2022
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 02 April 2022
It depends upon your accounting practice aslo.
Generally the supplier bills should be accounted for when you receive the goods i.e., 1st April 2022
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 02 April 2022
CAclubindia
