Dear sir,
if i sell goods on flipkart then should i book all sales at seprate individual customer on flipkart or can i book sale in name of Flipkart as client e.g
" XYZ A/c Dr.
Abc A/c Dr.
To sale A/c "
OR
"Flipkart A/c Dr.
To sale A/c
and in narration i write down the name of client "
it is important to know who is going to pay to you.
Means Flipkart is going to pay after receiving from Customer or
Directly Customer Credit to your account.
If 1st case then Sale should book in the name of flipkart but individual entry order no.wise
if 2nd case then customer wise
But we are selling to customer on flipkart so flipkart is intermediary who gve us payment after deducting his commision & delivery charge.
you need to pass the entry customer wise
Jawahar and Associates Chartered Accountants
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CAclubindia
