We have splited our customer account (XYZ)account into two part XYZ-1 & XYZ-2 for billing our two separate line products... Above two accounts are opened in system against same VAT No , PAN No & proprietor's name because XYZ is a proprietor ship company... This steps are taken only for control separate line products billing & O/standing purposes... Now,Please advise , is there any violation of rules from accounting & VAT point of view...
CAclubindia
