Hi,
We sell through amazon ; we subscirbe for their sponsored ad campigns; we get invoices month on month , which is set off against the payment due to us (done by amazon) and paid balance to us;
Kindly let us know how spsonsored ads invoice is accounted
Thanks
sudha
Is the Invoices from Amazon with it's name...?
Yes, with their name and their GST no
| Originally posted by : Sudha P R | ||
 |
Yes, with their name and their GST no |  |
Then Why You confused for Accounting the transactions...?
If it's Advertisement / Sponsorship Charges You can directly account in Amazon's account if they give Invoices...
Dr. Advertisement / Sponsership Charges - Rs. XXXX
Dr. IGST or C/SGST Tax - Rs. XX
Cr. Amazon - Rs. XXXX
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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