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Christine Diaz   25 May 2021

Should i give both invoices and receipts to auditor ?

Should i  give both invoices and receipts to auditor ? I get foreign income, and there is few days delay between invoices and receipts.

Or are receipts enough ? Invoice will contain, say, amount of 7000 usd. But it is receipt that will mention international money transfer fee, and the net .

Thanks :)



 6 Replies

Sourav

Sourav (Student)     25 May 2021

Both Invoices and receipts should be given
Ankit Neema

Ankit Neema   30 May 2021

You are required to provide both.

Christine Diaz

Christine Diaz   30 May 2021

Why i should i give invoices when receipts clearly mention gross and net of sale ? Thanks  :) Just some doubts.

Sourav

Sourav (Student)     30 May 2021

It is mandatory in law
Ankit Neema

Ankit Neema   30 May 2021

May I know what kind work is going on with the auditor,? if audit is going on, then if auditor demands then you have provide the documents,
Sourav

Sourav (Student)     30 May 2021

In case of audit both the invoices and receipts should be produced to the auditors it is mandatory in course of audit objectives

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