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Importance of Invoice

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Mahesh S M (Querist)
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27 August 2024 is it mandatory to keep invoices for all the expenses incurred in business and should i pass journal entry before payment for every expense regardless of amount?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 August 2024 1. Yes, specifically having amount Rs. 10K or more.
2. Correct.

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