Can we collect cash for one sale invoice more than 2lakh?
This query is : Resolved
17 October 2019
Dear experts,
Please help me to know whether we can collect cash from customer against one invoice amounted to Rs 202000/- b2c. We have credit notes of Rs 20000/- against this sale invoice.
pls also help me to know any specific rule for b2c, b2b , intra and inter state
thanks in advance
Regards
Rajesh
Please help me to know whether we can collect cash from customer against one invoice amounted to Rs 202000/- b2c. We have credit notes of Rs 20000/- against this sale invoice.
pls also help me to know any specific rule for b2c, b2b , intra and inter state
thanks in advance
Regards
Rajesh
17 October 2019
In my opinion aggregate of the transaction is less than Rs.200000 (Rs 202000- Rs 20000) you can collect cash.
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