Shaik ( M.com,IC(W)AI - Inter) (723 Points)
27 September 2011Dear Sir,
We have received one client invoce on 1 - 4- 2011 and that invoce had been booked as april -11 entry, payment amount is not yet paid , the thing is now that invoice has been changed on 5-09-2011, they gave us new invoice , now , how can i adjust these entry , that time it had been accounted and service tax also climed and tds payment has been done. What should i do now ? can cancele that entry ? Can anyone quide me how to pass this entry ?
thanks in Advance !!
sivakumar
(Asst Manager - F&A)
(324 Points)
Replied 27 September 2011
first mension why they are changed their invoice
Shaik
( M.com,IC(W)AI - Inter)
(723 Points)
Replied 28 September 2011
This invoce is related to AMC contract , so the AMC for whole year ! ,
sivakumar
(Asst Manager - F&A)
(324 Points)
Replied 28 September 2011
Sir,
In this case first Reversed entry passed for old invoice and pass new value
Second thing Service tax ur client paid when u paid their payment only so that is no probl;em.
Third thing TDS adjusted should be new bill. If new invoice value high or low balance should deduct and paid for Balanceing amount( Differnce of previous invoice and new invoice)
CAclubindia
