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?
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Accounting for B2C sales
Replies (5)
Yes separate invoices should be recorded as invoices value is 2000 rupees each
Few invoices are of even less than Rs.500
You have to record each and every invoice separately even if less than 500/- .
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?
It is well advised to maintain seperate records in excel
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