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Accounting of ad contract

This query is : Resolved 

07 March 2018 Sir,
We are running A ad agency with Turnover of Rs 1 crore per anum..
Please confirm can we book WHOLE SALES INCOME in current FY when AD CONTRACT period is started in CURRENT FY & GOING TO EXPIRED IN NEXT FY ?

07 March 2018 How to you give billing?

09 March 2018 We book the whole contract AD SALE BOOKING LIKE AD VAI HOARDING FOR 6 MONTH, OR VIA AUDIO VISUAL MEDIA & ISSUE THE COMPLETE PERIOD SALE BILL TO CLIENT & CLIENT PAID US AMOUNT EITHER IN ONE OR PART IN INSTALLMENT .


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