banner_ad

Accounting entry

Accounting Entries 2714 views 36 replies

Dear All,

I have a problem related to posting enty on accounts books.Can i post entry basis on bills recived or have to do only bill dated.

Please guide me, thanks to all.

Replies (36)

do according to bill dated

is it compulsory.....

yes it is, how can you take it on bill received. Clarify first when goods received to you ?? with bill means on same date as on bill ?? or goods received earlier but bill recieved later ??

i m working with a event managemnet company .so we provide service and recived service.but we recived bill after one or  2 months .

ok, in that case also bill should be entered on bill dated.

ok thanks

but this can create a problem when bill is received after year end after the books are finalised.. how can u revise the book from back date in that case..?? that bill have to be included in next year only !!

In such case you should take provision of all those bills which you have not recd. till finalisation of you accounts and in next year when you recd bill in that year you can Dr. provision account.

 

bill dated definately

Bill dated

posting of entries on bill dated may create problem where back dated entries is not possible. as well P & L may very every time after you had finalised your quarter end. so it should be booked on received basis subject to year change where provision cretaria should be taken care.

No doubt. It shud b Bill Dated only

No doubt. It shud b Bill Dated only

Pass the entry as per the bill date.and make the provision if you get the bill after the end of financial year (provision may be created on the basis of proforma invoice


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details