Billed in advance
This query is : Resolved
10 May 2019
We have billed for subscription charges for Rs 20000+ GST 36000 in April
This revenue is spread over for 4 months ( April to July)
what is accounting entry for this
This revenue is spread over for 4 months ( April to July)
what is accounting entry for this
19 May 2019
It you have issued Tax Invoice that means Income is recognised, GST has to pay on due date. In books pass you may pass separate entry of one month basic subscription to assertion particular month's profitability & rest subs u may deferred.
Note in GSTR-1 u have to show full Inv Amt
Note in GSTR-1 u have to show full Inv Amt
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
