credit note
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2011
if my distributors sales me a product and give its invoice in invoice he deduct disscount on total payable value and less it from total
and also after he send credit note of that discount value so, how to do the entry of discount
100 total
10 discount
90 payable
sending credit note to me of rs. 10/-
how to d0 entry with ledger & group
do i have to entry in debit note in my account of anything else
thanks
and also after he send credit note of that discount value so, how to do the entry of discount
100 total
10 discount
90 payable
sending credit note to me of rs. 10/-
how to d0 entry with ledger & group
do i have to entry in debit note in my account of anything else
thanks
20 January 2011
create Discount as Ledger under indirect income group and credit the discount
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- EPF FULL & FINAL RULES IN 2026
- Gift Received from nonblood relative
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Experts need help
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Management System (IMS)
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
