banner_ad

Purchase Entry

181 views 1 replies
How to make Purchase entry in case of proforma invoice & subsequent receipt of tax invoice.
in our company we make advance payments on receipt of proforma invoice & on receipt of tax invoice we make purchases entry.
Now I want to correlate my advance payment made to suppliers against specific tax invoice.

please guide me in details with illustrations.

Thanks in advance
Replies (1)

for advance payment to the supplier the entry follows

Name of supplier account debit 

credit Bank account with advance payment amount

on receipt of tax invoice

debit purchase account 

and credit name of the supplier account with invoice amount

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details