Accounting procedure of invoice received in the following month of expenses related to march

Hi,

You can record an accrual entry for the same in March and reverse it in the begininng of April. 

Please let me know, if you need any further clarifications

Thanks.

Can you please provide me the entries for that with gst

Hi,

For march Month Expense ur Paying In April then u Can Show It As A Provision In Liability and expenses in march month 

Entry

Coririer Expenses A/c Dr (expense on P AND L)

to Courier Expenses  Payable Account(Liability On provision)

Ok, Please provide entries with gst. If Taxable value is Rs.10,000/- then gst @ 18% i.e, cgst-Rs.900/- and Sgst Rs-900/-. Now provide entries for this for my above query. And also tell me in which month can i take input of gst for this bill. As of my knowledge gst input can be taken on the basis of invoice date. So in this case expense related to march and invoice received in april. Please provide entries for this with gst nd also tell me itc claim