Internal audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2014
when we check bank voucher & a bill is not found to be attached then whether a query should be arise or leave it to check that bill in JV?
20 September 2014
Dear friend,
It depends on the filing system followed by the party.
i.e. Some parties keep two files of JV, one in which all bills are paid and another bills pending to be paid. While some parties keep only one file of JV (including both bills paid and bills to be paid)
In your case it seems party is following the first system, and if it is so then my advise will be raise query for bill not found in bank payment vouchers. If it is mistakenly filed in the JV file then party will find this out and will provide you the bill.
Hope it is clear to you.
Thanks.
It depends on the filing system followed by the party.
i.e. Some parties keep two files of JV, one in which all bills are paid and another bills pending to be paid. While some parties keep only one file of JV (including both bills paid and bills to be paid)
In your case it seems party is following the first system, and if it is so then my advise will be raise query for bill not found in bank payment vouchers. If it is mistakenly filed in the JV file then party will find this out and will provide you the bill.
Hope it is clear to you.
Thanks.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
