Treatment of purchase
This query is : Resolved
15 December 2014
currently I am Auditing one private LTD. Co. That co. received one invoice on, say 10-04-2014 dated as 29-03-2014. they have recorded in current year 10-04-2014. is this right practice? the invoice is received from another state. then is it correct?
16 December 2014
Don't see the invoice date, please see terms of purchase. See When the ownership passed on the buyer.
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