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Provision Entry for GRN done but Bill not passed

A/c entries 776 views 4 replies

Material Received and GRN Done by Store but Bill not passed by A/c Department

I wnat what is the provision Entry for Bill Passing?

Replies (4)
That means liability for expenses/ raw material booked.
Why You want provision entry...??
Is there any reason...???

Better to wait for passing the bill by A/c dept. In case any issues or problem in bill or Supplier or anything...
Get in touch with accounts dept
Provision entry can always be passed at the year end..

Yes I want Year ending provision


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