how important of purchase and sales invoices?

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how important of purchase and sales invoices?..

Answer / hemanta kumar patra

In a commercial organisation thse to documents are proof
for incoming & outgoing of mat & finished goods, Input &
out put of vat, excise ( If Excisable unit).through thse
two we can able to prepare all reports relating to accounts
etc

Is This Answer Correct ?    7 Yes 1 No

how important of purchase and sales invoices?..

Answer / monika kandasamy

Purchase ans Sales invoices helps at the time of auditing.
It is the only proof for the income and expense made for
sales and purchase and also it helps to know the stock in
hand.

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