Purchase invoice date or goods receiving date

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

18 October 2012 Dear Sir
I am confused. Please tell me the following query's answer.
I had received an invoice on 28-Mar-2012 (FY.2011-12). and goods received on 15-April-2012 (FY.2012-13).
So Which date i put into the accounts. Is this invoice will enter on FY.2011-12 or FY.2012-13.
But the inventory added on FY.2012-13

Help immediately.

CA Parul Saxena

CA Parul Saxena (Expert)
Follow

18 October 2012 The criteria to record the same transaction is the invoice date......but now i think accounts of Fy 2011-12 of your company would also have been finalized so its better to record it in Fy 2012-13.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

18 October 2012 Sir

Now I could understand it will be entered on Invoice date. If we have received goods after the 31-Mar-2012. we have used in Tally Accounts with inventory. So how to enter Inventory into Purchase Journal. (If Purchase journal entered on time ie.On 28-03-2012, Inventory received after 3weeks later)
Please reply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SARAVANAN PALANISAMY

Vishnu Agarwal

SHUBHANGI GOEL

Shivchandra Jakhotia

CA Lalit Kumar Agrawal

Subscribe Now

Purchase invoice date or goods receiving date

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA