Discount given by the foreign parties
This query is : Resolved
Quick Summary
AJAY SHARMA
(Querist)
09 June 2021
Sir If The Invoice Was Rs. 110 and the party given discount of Rs. 10. But in BOE item value shown as on Rs. 110
1.Then Whether I should record as 110* Conversion rate
2. Or Should record 100* conversion rate and Rs. 10 as discount recived
1.Then Whether I should record as 110* Conversion rate
2. Or Should record 100* conversion rate and Rs. 10 as discount recived
CA R SEETHARAMAN
(Expert)
09 June 2021
Record 100* conversion rate and Rs. 10 as discount recived
AJAY SHARMA
(Querist)
09 June 2021
Sir If I Record as 100* conversion rates.
And if i does nor record Discount received for 10 then any problem would be arise or not?
And if i does nor record Discount received for 10 then any problem would be arise or not?
CA R SEETHARAMAN
(Expert)
09 June 2021
No problem will arise.
AJAY SHARMA
(Querist)
10 June 2021
Sie Im little confused. Is it No Problem or Yes Probelm will arise.
CA R SEETHARAMAN
(Expert)
10 June 2021
It's no problem.............
AJAY SHARMA
(Querist)
10 June 2021
Thank u very much sir.
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