Construction purchases accounting

This query is : Resolved 

10 February 2012 Hi !

1) how to account the cash purchases in Tally i.e by Purchase voucher or Payment voucher ?

2)what evidence can i submit to the auditors in support of the above voucher for auditing of the i)labour exp ii)sand, dust purchases from unorganised suppliers ?

pls give me a solution !!

11 February 2012 1. Since cash purchase, you can make payment voucher also. but under sales tax act purchase need to be maintained vendor details , so better go for purchase voucher and make further payment made through vendor

2. Voucher supporting for purchase, P.O/GRN/Invoice/D.C and labor bill need to be shown the payment details with labour name, sand & dust purchase also can be shown invoice from unregister suppliers


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