19 September 2014
when we check bank voucher & a bill is not found to be attached then whether a query should be arise or leave it to check that bill in JV?
It depends on the filing system followed by the party.
i.e. Some parties keep two files of JV, one in which all bills are paid and another bills pending to be paid. While some parties keep only one file of JV (including both bills paid and bills to be paid)
In your case it seems party is following the first system, and if it is so then my advise will be raise query for bill not found in bank payment vouchers. If it is mistakenly filed in the JV file then party will find this out and will provide you the bill.
CAclubindia
