Checklist for passing any bill - i.e payables audit
Querist : Anonymous
please provide me detailed checklist for passing of Bill so that bill will be passed after considering all aspects
Regards
2)depending on nature of work confirm thecompletion of work/service
(a) suppose if it is security/manpower supply ..you may check with attendance register for confirmation of no.of mandays actually worked and same may be verified with no.of man days charged in invoice
.
(b) in case of any repairs/servicing
confirmation of relevant staff that work was done satisfactorily
.
.
etc,,this type of reasoning thinking may be required.
3)relevant laws applicable if any under (service tax,income tax (tds,tcs) if any applicable may be considered at the time of payment.
4)and whether person approving the payment is competent to do so(check with authorisation marix)
.
5)we can think like this depend on company policies followed and other factors
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- 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
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
