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Purchase order

KRISHNAMURTHY (Article Trainee) (83 Points)

28 December 2018

What will be the impact and needs to do?

Company issued PO on X company later on that company name changed to Y company. But PO is on same name (not amended) however billing we receiving from Y company (New).

Is it require to amend the PO. If not amended than what will be the impact?

Anyother option?

Please do the needful...

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4 Replies

Rakesh Bandal (Self Employed and Agriculture) (1349 Points)
Replied 28 December 2018

It is better to have changed PO for traking purpose or avail the document regarding change in name of the company

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raj kamal singh (Auditor) (528 Points)
Replied 29 December 2018

It is compulsory to revise PO,otherwise you may have difficulty during assessment to prove input credit on account of it.

Moreover,revision is a easy thing.Why so much bother about it?

1 Like

Ravi SADhiyan (Practice) (4510 Points)
Replied 29 December 2018

Originally posted by : KRISHNAMURTHY
	What will be the impact and needs to do?Company issued PO on X company later on that company name changed to Y company. But PO is on same name (not amended) however billing we receiving from Y company (New).Is it require to amend the PO. If not amended than what will be the impact?Anyother option?Please do the needful...