we are purchasing agricultural produce from farmers. in some cases we are paying it in cash & some through bank. Farmers not issuing invoice. then how we can create document to support our purchase. plz guide
Replies (4)
Quick Summary
This discussion addresses how to document agricultural produce purchases from farmers when they don't issue invoices. Key recommendations include maintaining a purchase register for all transactions, whether paid in cash or via bank transfer. Additionally, it's advised to obtain written acknowledgements or signed debit vouchers from the farmers for each purchase to serve as supporting documentation for accounting and tax purposes.