Hi,
Is there any particular mandatory procedure to be followed in invoice numbering or can we follow our own methods.
Like can we append letters before the serial number and can we start the numbering again from 1 for a fresh financial year or should it be continuous one.
For Eg., lets say we numbered like PT12-001 to PT12-039 during FY 2011-12. Now in FY 2012-13, can we number like PT13-001, ...... just to identify to which FY a particular invoice belongs and how many issued a FY kind of thing.
In short, can we start the invoice number from one in every FY?
Please assist.
CAclubindia
