Vendor reconciliation query
This query is : Resolved
Guest
Guest
(Querist)
20 November 2012
Experts,
Port is our vendor periodically port send us statement of Account,
we made our reco as under---
balance as per our book xxxx
less- invoices debited by port but not accounted by us. xxxx
add- amts. credited by port but not accounted by us xxxx
less- amt. paid by us but not accounted by port xxxx
add- invoices accounted by us but not accounted by port xxxx
add- payment not accounted by us credited by port xxxx
now, under the head
Less- amount paid by us but not accounted by port
there are many open items related to TDS " just written as TDS"
what it mean?
Experts,
Port is our vendor periodically port send us statement of Account,
we made our reco as under---
balance as per our book xxxx
less- invoices debited by port but not accounted by us. xxxx
add- amts. credited by port but not accounted by us xxxx
less- amt. paid by us but not accounted by port xxxx
add- invoices accounted by us but not accounted by port xxxx
add- payment not accounted by us credited by port xxxx
now, under the head
Less- amount paid by us but not accounted by port
there are many open items related to TDS " just written as TDS"
what it mean?
Amol S Joglekar
(Expert)
20 November 2012
This needs to be clarified with the PORT. If it has deducted "withholding tax"... it should be reflected in "view tax" 26AS
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