Purchase bill entry


This query is : Resolved 

02 October 2013 Sir,

We always file VAT return on monthly basis, after filing VAT return of August month.g.if I receive purchase bill of that Month i.e.August. We are having mercantile accounting system.Then which month I should enter purchase bill of August month.My query is I must enter in August or next Month?
Waiting for reply.
Pravin.

02 October 2013 Sometimes purchase bills are received late due to transit depays etc. Then you can account them when you receive them only.Even you can account it August also,but the return already filed has to be revised.Revision of return within a month is accepted by the computerised systems,not later.....mjk


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