Easy Office

Doubt in Credit Note

This query is : Resolved 

30 June 2007 Assume tht in a big industries trasanction shows:

Qty mentioned in DN & DC is 100 Qty
but the Co., received the qty 110(as per GIN)

should i raise the Credit Note for 100 Qty or 110 Quantity

please tell the impact also for the same

pls reply in my mail also prakarthi@gmail.com

01 July 2007 credit note should be raised for 100 quant only and the excess quant should be returned.
alternatively if the excess quant is accepted fot the time being and kept in stock credit note should be raised for 110 qty and when subsequently returned journal regarding purchase return should be passed

02 July 2007 but if tht dn belongs to 2005-6 means wht will be impact.. knw






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries