iam working in small industry there some bills are not
having even the shop name and contact.no. whether i should
consider that expenses or not if yes, whether that bill
attach with the voucher?
Answer Posted / rajammal
Sir/madam, I'm Rajammal. In my point of view, Bills which
are not having the details about the party. It is not
considered as a Bill. Because, there is no evidence for the
transaction for whom the transaction is made or received -
"we must only record the transaction according to the
documents". If there is no proper bill, how? we accept that
as a bill or any expenses things. Just ignore the bill from
the books of accounts and don't allow this type of mistakes
in future. If U attach that bill with the Vocuher means who
takes the response for that unknown bill.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
how to pass journal entries for reverse tax on input tax paid
What is aggregate Liabilities ?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
Tell me what is trial balance in accounting?
What is an Automatic Payment Program ?
Mention the types of accounts involved in double entry book-keeping?
Why in SAP external number range should be selected for depreciation posting . any specific reasons for that explain me? Raj
What is the difference in accounting and marketing?
In South Africa , the current rate for value added tax is ?
Tell me what are the activities that includes in cash flow statement?
What action could be taken by you and your manager to improve your performance in your current position?
Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me
please explain all accounting concepts n conventions in detail
what is the nature of profit and loss approprition account.which entity prepare this.