Tally

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

sreeja reddy (Articled assistant)     17 June 2021

Accounting for B2C sales

one of our client is a distributor of Parle g products and they has B2C gst sales of around 1000 invoices every month each having Invoice value of around Rs.2000
Can anyone please let me know whether in tally, I need to record each and every invoice or can invoices be consolidated and recorded?


 5 Replies

Sourav

Sourav (Student)     17 June 2021

Yes separate invoices should be recorded as invoices value is 2000 rupees each
sreeja reddy

sreeja reddy (Articled assistant)     17 June 2021

Few invoices are of even less than Rs.500
prasad Nilugal

prasad Nilugal   17 June 2021

You have to record each and every invoice separately even if less than 500/- .
sreeja reddy

sreeja reddy (Articled assistant)     17 June 2021

IN that case, there would be around 700 debtors. so cant the invoices be consolidated and recorded as each invoice amounting less than Rs 2 lakhs considering the provisions of Sec 269ST?
Sourav

Sourav (Student)     17 June 2021

It is well advised to maintain seperate records in excel

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Start a New Discussion

Popular Discussion


view more »







Subscribe to the latest topics :
Search Forum:

Trending Tags