I have proprietorship, my turnover is less than 1cr,50 lakhs, advanced received before July 2017, shall I booked the bill currently, kindly advice us
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Advanced received
Replies (6)
GST ? Or in Accounting?
If you have received advance amount,so you need to advance amount show in your book,
questions about Gat, how to in books
You have just passed a simple received Entry,when you are recived advance cash/bank
Cash / Bank Dr
To Party A/C
After this Entry your book automatically advance show
advanced received before July 2017 and now fy 2018_19 is running, shall I booked the bill against this advance
| Originally posted by : Mansi Mhapsekar | ||
 |
advanced received before July 2017 and now fy 2018_19 is running, shall I booked the bill against this advance |  |
Yes Booked Againts Advance Amount
Charged GST on Bill
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