Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Urgent plz

279 views

Save Share

Jyoti Narang

Kkk

1204 Points Posted on 02 November 2020

if any bill is generated but not issued and sale is not executed of august mth and r1 is not filled for the quarter but entered in 3b of august mth2020 now what can be done with it.it can be reduced from sale of 3b of september mth if its pending and from r1 that bill is not to be entered.

Replies (3)

Quick Summary

This discussion addresses a specific accounting query regarding August sales that were generated but not yet issued or finalised. The core issue is how to account for these sales if the R1 for the quarter hasn't been filed but the figures were entered into the August 3B. The consensus is that these sales can be reduced from the September 3B figures, and the original bill should not be entered into the R1.