Hello EveryOne.
I have Few Question Related to E-commerce. Entry (Like:- Flipkart, Snapdeal,Amazon)
I am Facing Some Issue. Hope You Poeple Can Help Me out.
I Have Started a New Business in Jan 2015.
In Oct 2015 I Started Selling My Product on E-commerce Website.
Problem I Am Facing is that How to Do the Invoice Entry in Accounts Which We have Recived From E-commerce Webite.
Below Is the Sample. These Are the Item Wich are Mentioned in the Invoice.
1. Shipping Charges 27496
2. Commission Fee 10032.7
2. Collection Fee 2381.62
3. Fixed Fee 790.0
3. Cancellation Fee 72.14
9. Ad Services Fee 2150.9
Taxable turnover 42923.36
Service Tax 14% 6009.05
Total 48932.41
I have Attached a Smple Also of it.
My Question OR Problem is that Under what Head These Entry Has to done. and How it has to be Done.
Eg. Shipping Charges. under which head it will go and what will be the entry (Like Which Account to be Cr. and which Dr.)
Hoping For a Good and Fast Response