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Sale invoice

19 November 2019

hi,in financial year sale invoice not enter in accounts but invoice send to buyer, payment of customer credited in your account what should we do for this settlement

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21 Replies

DINESH KUMAR BALAKRISHNAN (136 Points)
Replied 19 November 2019

I think you are asking about the problms regarding mannual Accounting . is it?

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SUMIT BADYAL (709 Points)
Replied 19 November 2019

In this I have two query first, gst not charged in invoice it's exempted goods, second gst only charged on packing and forwarding

DINESH KUMAR BALAKRISHNAN (136 Points)
Replied 19 November 2019

Ok . But you have not mention anything In your query

SUMIT BADYAL (709 Points)
Replied 19 November 2019

Query is that in previous year we sale goods but not enter in tally, debtors payment is credit in our accounts

DINESH KUMAR BALAKRISHNAN (136 Points)
Replied 19 November 2019

In my openion even though it is exempted goods , it a sale bill is entered in Computer ,I mean tally , automatically it will affect allmost all areas of Books of accounts .

Mannually we can send a bill along with the goods . that bill maybe a delivery note. it will not affect parties Books of Alc

The Amount already credited is only considered as Advance money for the future sale .because As far as the books of Alc , there is no sales entered in this regards. The amount will only adjusted against the sale only when you entered a sale bill

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SUMIT BADYAL (709 Points)
Replied 19 November 2019

Yeah,can we give a sale invoice present serial no to party for settlement,

DINESH KUMAR BALAKRISHNAN (136 Points)
Replied 19 November 2019

This nature of transactions can be easly done In tally by using sale order ,Delivery Note and sale Bill .

DNT and Sale Bill can be generated by using order No: and tracking Number easly.