10 April 2012
Am working in construction company our client is govemnment client my question is We have prepared the Sales RA Bill for the month of 31.03.2012, but we are submitted to client april’12 2nd only,
Secondly the Client has to be certifed the RA Bill for the month April’12 only
Please advice us for which month we will book the Revenue whether it is March’12 or April’12
12 April 2012
The same will be unbilled revenue to the company. Whatever the costs u have incurred would have been already accounted. Since only verification is pending, you can make a provision for revenue in books for march 12.
CAclubindia
