vendor refused to give the invoice..how to show purchase of equipment?

169 views 4 replies
the vendor of the main equipment refuses to give the invoice relating to the fy 2017- 2018..in the year in which business was started..
he is saying he will issue the invoice in next year...
is there any way to show the purchase of this equipment...
Replies (4)

Take a Delivery Challan from him On 31st of March. and Invoice in Next year

what if he refuses there any way left to show the transaction in previous year ??

U can pass this entry:

Asset/machinery..debit

To GR-IR clearing account

 

when invoice comes:

GR-IR clearing account...debit

To Vendor account

basically u cant credit vendor account without supporting document..but u can debit asset account as u have the control and possession 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register