Account related
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 April 2016
Dear sir
we are buyer. in f.y. 2014-15 we din't show some purchase bill.how reconcile in f.y. 2015-16. (i mean how to show purchase in this year), plz help me.
Thanks
we are buyer. in f.y. 2014-15 we din't show some purchase bill.how reconcile in f.y. 2015-16. (i mean how to show purchase in this year), plz help me.
Thanks
21 April 2016
Actual purchase and bill payment are 2 different things. If you had made the accounting entries for the purchases then these should be come in your P&L as well as Balance sheet. But if you are not made any accounting entries for payment and all , and you make payment in the next year , then you should treat this in your books accordingly.
Regards
KLS
Regards
KLS
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Eway bill for machinery reparing
- Form 10BD Filling
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Error whiling application of GST REFUND (ANNEXURE B)
- Applicable TDS for Purchase of Flat from NRI
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
