rent entry as per rental agreement

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we are paying monthly rent as per rental agreement rent should pay succeeding month 15 th day so how to pass entry on 15 day or rent month end of the day
Replies (2)

Supply of Service can be invoiced on earliest of any of the following 3 dates:

  1. upto 30 days from date of Completion of Service
  2. date of actual payment of rent
  3. any date decided as per pre-supply agreement between parties

So in your case, Point 3 will apply.

You can book it as per your agreement date of 15th. No more restriction....


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