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Can jv be used

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Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2014 An amt is deposited by our customer in our group co a/c,now can we debit grp co by jv or debit note should be used

Amol S Joglekar

Amol S Joglekar (Expert)

15 December 2014 Yes, you can very well do that. Keep one confirmation letter from the said customer, on record, that he has done so through oversight...(Or whatever the real reason is)

Querist : Anonymous

Querist : Anonymous (Querist)

15 December 2014 should debit not be used or journal voucher is ok

Amol S Joglekar

Amol S Joglekar (Expert)

15 December 2014 Debit Note? You may issue the debit note to your Group Company, if they insist.
But more important is the confirmation from your customer.
Between JV or Debit note.....choice is with you.....

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