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Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2013 i want to ask if one invoice cotains expenses of two companies, one concern has debited whole amount, if we have to account in other concern its related expenses containing in that invoice...how should the entry be done?

@VaibhavJ

@VaibhavJ (Expert)

25 February 2013 Hi

You can pass it on thru Debit Note to another associate.

Thanks!!

Querist : Anonymous

Querist : Anonymous (Querist)

25 February 2013 hi thanks bt the amount is huge and it has to be done from april onwards.actually billing for the both the companies is done in one invoice. so the other concern has to account for its expenses.how should it be done?

@VaibhavJ

@VaibhavJ (Expert)

25 February 2013 Hi

One consolidated monthly Debit Note can be raised.

Thanks!!

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