Provision entry

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Sir plz tell me if i received bsnl bill from 15 th march to 15 th april then can i take bill amount 50% in last f.y. and 50% current f.y.???
and also tell me this type of provisional expenses should be made only 31st march????
Replies (7)

BETTER TO ACCOUNT IN APRIL MONTH WITHOUT PROVISIONAL

should pass provision entry for half month in 31st March for closure
sir plz tell me if i get gst bill of bsnl telephone on 7 th of every month then can i take entry in accounts on 7 th of every month and only in march 31st i will take entry???
You ll enter as per invoice Date...




(May be the date of invoice is every months 2nd. Also I get invoices on 2nd of the every month & some of my clients invoices in the same date. So, Only I assume the date 😊😊😊)
but still you need to make provision entry..
so sir u tell me on the receipt of invoice date i will make the entry???? may be 7 th of every month
Yes....

You enter the Expense in 7th of the Every Month as telephone expenses...


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