Accounting a bill
This query is : Resolved
26 June 2010
Dear sirs,
On which date a purchase bill is to be accounted? Whether on Invoice date or GRN date?
Will the property in goods transfer to the buyer just after the billing of goods or at when the goods reach the buyer's place?
Thank you....
On which date a purchase bill is to be accounted? Whether on Invoice date or GRN date?
Will the property in goods transfer to the buyer just after the billing of goods or at when the goods reach the buyer's place?
Thank you....
26 June 2010
Once the GOODS received and GRN raised the purchase liability need to create means you need to create the provision actual bill you can book after receive the bill
Property of goods trasnfer to the buyer once goods reach the buyer place
Property of goods trasnfer to the buyer once goods reach the buyer place
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
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- LTCG for Assmt year 26-27
- E way bill for tractors
- Suggestions required for income tax filing-software (FY 2025-26)
- Loan by Partnership Firm
- Plot of land. Cost of Acquisition
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
