Easy Office
LCI Learning

Treatment of self-invoice

This query is : Open 
Profile Image

Profile Image

(Querist)
02 April 2018 How to treat self - invoice in GST
Profile Image

Guest

Profile Image

Guest (Expert)
02 April 2018 Treatment of Self-Invoice

At time of Purchase

Purchase/Expense A/c Debit
To Tax -RCM A/c Credit
To vendor A/c Credit

At time of payment

Tax-RCM A/c Debit
To Bank A/c Credit
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
02 April 2018 Prepare as per Your invoice format and give the name of "SELF INVOICE" instead of Tax Invoice... And Highlight "IS REVERSE APPLICABLE - YES" Then prepare as per Your inwards value with tax amount... and enter the bills in Your books of accounts...
Upgrade to CAclubindia Pro. Subscribe Now!


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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links