How to do GL scrutiny for Accounts receivable in SAP
This query is : Resolved
30 October 2022
How to do GL scrutiny for Accounts receivable in SAP
30 October 2022
Closing balances of debtors should be debit balance If it is credit balance, it means either Income not booked or Advances not received If Advance Given, change head of party to Advance from customer( current Liability)
Check TDS receivable correctly booked and matched with form 26AS
Ask for balance confirmation or Party Ledgers and do Debtors reconciliations
Do Debtors aging to find long outstanding debtors and book provisions of bad debts.
Check TDS receivable correctly booked and matched with form 26AS
Ask for balance confirmation or Party Ledgers and do Debtors reconciliations
Do Debtors aging to find long outstanding debtors and book provisions of bad debts.
Message likes :
1 times
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
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- REGARDING ITR FILING QUESTION
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- ITC BENEFIT ON BROKRAGE PAID
- Taxation on Old jewellery sold
- Short Term Gain Reporting ITR
- Query regarding reporting of exempt foreign remuneration in ITR
- Gst reverse charge mechanism to be claimed in the month of payment
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
