Purchase and Sales Audit

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Guest

Guest (Querist)

24 March 2010 Please provide me the vouching process or checklist for Doing the Sales(central and local) and Purchase(central and Local).

CA Jenish Mehta

CA Jenish Mehta (Expert)
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06 April 2010 ya. It's matter of own thinking & bussiness practice.
During purchase,check in following order.
Bill Date,Purchase order date,Supplier Details like Name,Add,Require Statutory Numbers,Compere rates with PO and market normal rates,Qty verify with MRN or GRN,Inward Stamp,Total Amount Figures in words,Tex Rates Applicable ,Authorised Sign in PO and GRN.
Be careful on dates mention on PO and Bill and MRN
___PO date___Bill Date

In the same way sale process,but take care for calcuation of TDs rate and deduct from bill when payment will mke............

Thanks