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RCM Invoice Expenses Debit

RCM 331 views 2 replies
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3 Points Posted on 19 July 2017
GST Law allows to raise a consolidated invoice for 9(4) cases where the daily exemption crosses Rs. 5000.

Question is which expense GL would be debited in such a case? Can it be "GST exp." or it has to be debited to respective expense ledger.
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On 19 July 2017 at 21:46 Report
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Proprietor A K Kandpal & Associates
1442 Points Posted on 19 July 2017
you have to record all expenses separately....date wise....only self invoice of such expenses can be raised on consolidated basis.....recording in the books will have to be done on the basis of invoices received by you from whom you made purchases....
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On 19 July 2017 at 22:00
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3 Points Posted on 19 July 2017
But Sir kindly suggest in which particular head the said expenses should be debited in my books, as I am purchasing multiple type of items or availing services from unregistered dealers in a day?? Please suggest.
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On 19 July 2017 at 22:07


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