V. NAVEEN KUMAR SICASA 28 January 2020
My doubt is when we have to account purchase invoice in books??
(based on Invoice date or invoice receipt date??)
Please explain for both goods invoice and services invoice.
Thanks in advance
prasad Nilugal (Sr . Accountant and GST Practitioner . ) 28 January 2020
Both in case of Goods & service Invoice you have to book the entry as per date of Invoice in Books of Accounts ,not when you received Invoice in your company or department . ( Date mentioned on the invoice ) .