Clarification on accounting head
This query is : Resolved
17 January 2021
Under which accounting head ledger for Discount/ rate difference ledger should be created used for both credit note issued & credit note received as well as debit note issued & debit note recieved
17 January 2021
Use purchase and sales head as applicable no separate head to be used.
17 January 2021
Ok.. Thank you sir 👍
17 January 2021
USE PURCHASE HEAD IF BELONGS TO PURCHASE. DONT USE INDIRECT INCOME HEAD OTHERWISE SAME WILL BE REFLECTED IN SALES UNDER GST
17 January 2021
If gst is not applicable on this discount/rate difference amount then we should use purchase /sales a/c or indirect income / expenses a/c
17 January 2021
SHOW IT IN INDIRECT INCOME COLUMN
17 January 2021
Ok.. Thank you very much 👍
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17 January 2021
WELCOME.... MY PLEASURE.....
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