Poonawalla fincorp
Poonawalla fincorp

Discount given by the foreign parties

This query is : Resolved 
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(Querist)
09 June 2021 Sir If The Invoice Was Rs. 110 and the party given discount of Rs. 10. But in BOE item value shown as on Rs. 110

1.Then Whether I should record as 110* Conversion rate
2. Or Should record 100* conversion rate and Rs. 10 as discount recived
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 June 2021 Record 100* conversion rate and Rs. 10 as discount recived
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AJAY SHARMA

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AJAY SHARMA (Querist)
09 June 2021 Sir If I Record as 100* conversion rates.
And if i does nor record Discount received for 10 then any problem would be arise or not?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 June 2021 No problem will arise.
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AJAY SHARMA

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AJAY SHARMA (Querist)
10 June 2021 Sie Im little confused. Is it No Problem or Yes Probelm will arise.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 June 2021 It's no problem.............
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AJAY SHARMA

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AJAY SHARMA (Querist)
10 June 2021 Thank u very much sir.

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