Unbilled Revenue at the beginning of financial year

CA Ruchika Tulsyan | Last updated: 21 December 2019

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Checklist for 5B of Part II of GST Audit- Unbilled Revenue at the beginning of the financial year Before understanding the scope of this point, one need to understand what is unbilled revenue. Unbilled revenue means the revenue, which is recognized in the books of accounts before issue of an invoice at the end of a particular period. According to Accounting Standard 9/ IND AS 115 one can recognize revenue on full completion/partial completion of the services however, due date for issui

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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CA Ruchika Tulsyan

Chartered Accountants

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Unbilled Revenue at the beginning of financial year

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