If Amazon Sale our product to Mr. X
then What will be the Journal Entry ?
Can we make the cash sale entry ? or
Will we have to make creditor to Mr. X ?
Note: We receive the payment from Amazon after 5 to 6 days.
Please help
Thanks to all in advance for your answers.
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Amazon Sale - Journal Entry
Replies (2)
See this as an example...
https://www.caclubindia.com/forum/related-with-accounting-of-e-commerce-372355.asp
Accordingly modify it for TCS or GST etc.
Hi friends, Also you can directly import Amazon MTR sales entry in Tally directly. I have found one tool where you can import unlimited MTR sales entry in Tally at one click.
Visit - https://www.rdtool.in | https://www.xltool.in
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