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Recording GRIPS transactions

This query is : Resolved 
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(Querist)
09 April 2024 GRIPS Over the counter payment takes transaction+2 days for confirmation in GRIPS portal, although bank got debited on the date of transaction itself. In this case what is the formal apporach to record the transaction as expense in the books of account of the firm? 1. on transaction date. 2. confirmation date.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 April 2024 Record it on the transaction date being bank debited date.
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