We are trading firm. We want to know that when we purchase from company it takes 7-10 days to recd the goods. For Example : suppose we purchased on 25th april and goods recd on 5th may. can we take the purchase entry on the month of April. Is it correct accounting procedure? Please confirm. Some people says in GST as supplier has to upload the invoice in the month of April we have to take credit in the month of April. Otherwise your books of accounts and GST portal input credit will mis match. Please confirm.
CAclubindia
