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Recording of entries

This query is : Resolved 
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(Querist)
18 December 2012 Suppose I get a expense bill dated- 12/10/12. But I make the payment on 20/10/12. Then, at what date should I make the expense entry on my book?
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Arun Biyani

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Arun Biyani (Expert)
18 December 2012 Bill date always for all expenses.
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Pankaj Mali

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Pankaj Mali (Expert)
18 December 2012 U should always keep in mind basis of accounting. Whether it is accrual or cash basis.
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Milan

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Milan (Querist)
10 February 2013 thank you Pankaj ji & Arun ji
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