CONSTRUCTION EXPENSES IN CASH

514 views 13 replies
CONSTRUCTION EXPENSES DONE IN CASH DON'T RECEIVED INVOICE HOW TO SHOW IN TALLY AND WHERE TO SHOW
Replies (13)

Invoice for auditing. But when an arms length transaction occurs, you must record it

@ Shiva Dubey,

What is the actual expense...??

Can You elaborate with more details...??
Pls explain for material or labour.
My boss just asking me to give cash to electrician between 40k to 50k and some time to give carpenter same amount 40k to 50k


furniture work
contraction
penting

all the work done in cash

totally figure is gone above 15lakh

can you help me with above expenses where to record how to record.

Create a ledger for everything in tally and post it. Later on, when you get invoice, verify the amounts. Some transactions may attract tds as well. Record everything sgst,cgst, tds etc.

@ Mr Shiva Dubey,

Yes, It's very big amount. Also it's not good for Income Tax view.


But,
You can rectify this with that labours like Electricians, Plumbers, Carpenters and Masons as below:

Get sign from the entire team like Electrician and his team...
Carpenter and his team
and others like this...


Even discuss Your Auditor about this matter...

GOOD LUCK
Originally posted by : Yasaswi Gomes new
Create a ledger for everything in tally and post it. Later on, when you get invoice, verify the amounts. Some transactions may attract tds as well. Record everything sgst,cgst, tds etc.

@ Yasaswi,

 

If You don't know then please be quite and watch Forum what is going...

 

Don't reply without knowing...

Then what is difference between You and Our Great Expert Mr Sabyasachi Mukherjee...

Dear all waiting for accurate reply.
What You mean accurate reply...???

Can You give what reply you need....??

@ Sabyasachi lol. he's less than a manager a.k.a a supervisor with B.com or MBA with three years of tally experience and pardon him

Ask the every vendor to provide invoice and make payment from bank and deduct TDS if applicable

2nd Collect cash from vendor and deposit in the bank 

Personal attack is not permitted in this firm .
Have some sense
Originally posted by : RAJA P M
What You mean accurate reply...???Can You give what reply you need....??

 

Ok @ Sabyasachi, I did this for you cause I know you from many years. Anyways, no one can ban me cause Im not arrogant, but I defame education like As reporting, MBA and B.com.  

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register