banner_ad

Quick reply

361 views 1 replies

one of my client has paid the petroleum bill of  july'12 in september'12. i am emphasing with my senior that it is not reasonable and bill should be reimbursed and recorded within 3 months but he is saying that it wont affect if it is paid in the same financial year. what shall i do? if i listen to my senior, is it reasonable to reimburse the bill of 11 month old for same financial year?

Replies (1)

Hey,

Since we close our books of a/c in every march.. such expenses allowed.

Even if in Mar 12, provision for exp is made payment agst same can be made in next FY too.

Thanks!!


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details