Sachin More (MBA-Finance Executive - accounts & Finance) (422 Points)
16 April 2013Dear all,
I m having a bill of shree ganesh paints of rs 89 k.
bill date is 8/3/2013 but its purchase order showing date of 09.04.2013 i.e. next F.Y.
shuld we change the date of purchase order bcoz invoice are pre-dated as compare to P.O
Aman
(Finance Professional)
(604 Points)
Replied 16 April 2013
I think u can do any thing either demand the new bill dated 9.4.2013 or change the date of PO to 8.3.2013....
Sachin More
(MBA-Finance Executive - accounts & Finance)
(422 Points)
Replied 16 April 2013
BUT CAN I BOOK THAT INVOICE AS IT IS WITHOUT CHANGE ANYTHING...IE P.O. OR INVOICE
sazzu arshad
(nellore)
(49 Points)
Replied 16 April 2013
CA D R P
(Chartered Accountant)
(313 Points)
Replied 16 April 2013
This is possible only when there is NO PRESENCE OF INTERNAL CONTROL SYSTEM OR By MISTAKE....
Solution is here:
U can check whether Goods pertaining to this bill are received on Bill date?? if yes then , no change is required in the bill and " MAKE REVISED P.O. " giving this date...
Milestones Academy
(Self employed )
(136 Points)
Replied 16 April 2013
PMA Nooruddin
(M.Com, Finance Manager)
(422 Points)
Replied 17 April 2013
Dear Sachin
This is simple
Your Purchase Order should be prior to the invoice issued date, Technically its aint correct to pay invoice for a purchase order raised on future date....
Sachin More
(MBA-Finance Executive - accounts & Finance)
(422 Points)
Replied 17 April 2013
thnks to all
CAclubindia
