How to account incentives which is from telecom distributor with using cash and bank in tally prime.
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Quick Summary
This discussion explores how to account for incentives received from telecom distributors when cash or bank transactions are not involved. It focuses on scenarios where telecom operators issue invoices to retailers, but due to GST registration issues, the distributor raises the invoice instead. The incentives are then credited directly to the retailer's account as a book entry, bypassing traditional banking methods.
Some Invoices raised by telecom operator which are towards retailer but because of non registration in gst of retailer the distributor will raise invoice for retailer. The incentive are directly credited to retailer account. These are mere book entry not involving bank account.
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