why don't we charge interest for credit sales.
2 Replies
Eswar Reddy S
(CFO- at NHTF)
(58275 Points)
Replied 30 January 2023
If it is part of agreement then you can charge interest.
Credit sales just to promote the sales . So you must give minimum time to pay for invoice
Credit sales just to promote the sales . So you must give minimum time to pay for invoice
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 30 January 2023
You can charge if agreed by your customer or any agreement made for it.
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