Micro small and medium enterprise , amt due and how to recov
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 October 2013
our firm registered under micro small and medium enterprise. our debtors are not paying payment on time. Inspite it was due more then 180 days, some due more than a year. we have intimated them orally that we are registered under micro small and medium enterpreise. our my debtors falls under s-44 ab ie audit appibalble them. is in there audit report Their Statutory CA mentioned in reporting this due of amt payable by them ? if our debtors do not give information to their ca, how then they come to know about dues o/s to us.
pl alos guide us what steps we can take to collect the payment inspite of spoiling business relation and follow systematic action.
pl alos guide us what steps we can take to collect the payment inspite of spoiling business relation and follow systematic action.
20 October 2013
Hi
It is your companies duty to give list of SME's list.
If auditors think you are hiding they mat take a mgmt representation or give disclosure in this behalf.
Thanks//VaibhavJ
It is your companies duty to give list of SME's list.
If auditors think you are hiding they mat take a mgmt representation or give disclosure in this behalf.
Thanks//VaibhavJ
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