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Account GST invoice

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Sudhir Mahanadiya

3 Points Posted on 28 April 2023

Is it valid to record more than one entry towards single invoice having various items in it say, item no xyz, aaa and BBB were bought and for ex. Xyz recorded earlier and then aaa and BBB recorded after that but they billed in single invoice. Is it correct practice?

Replies (3)

Quick Summary

This discussion explores the accounting practice of recording multiple entries in an ERP system for a single invoice that contains various items. The user questions whether splitting an invoice (e.g., invoice number 123 with items X, Y, and Z) into separate entries (one for X, another for Y and Z) is correct, especially if the invoice number appears twice. The consensus is that this is a valid method for maintaining item-based records, provided the total amounts reconcile with the bill and do not create a true double-entry error.

Sandeep Jain

Pivate

1492 Points Posted on 29 April 2023

Can you elaborate

Sudhir Mahanadiya

3 Points Posted on 29 April 2023

There is invoice sr no. 123 including 3 items as I said above xyz, aaa and BBB respectively.

There are two entries in ERP first entry of xyz and second entry considered aaa and BBB.

The value are correct and considered as per bill.

If we combine both the entries we get the billing amount tallied so due to sr no of bill entered twice dose it considered to be double entry? And need to revise?