Hi,
i need to clear the CFA bills (rentals & varaible) , we do the same by raising PO & GR.
Vendor submitted the bill in August 2020, but some how same was not booked and PO/GR is now deleted .
How i can clear his bills now.
Menu
HOW TO CLEAR VENDORS INVOICE
Replies (1)
If the books are not yet closed, you may still account the same and pay. If books are closed, this transaction would be treated as a prior period expense transaction but ITC under GST can be claimed.
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
