what is cash memo? and how it could be differentiated from
tax invoice?
Answers were Sorted based on User's Feedback
Answer / pulkit
cash memo is a written document that seller gives it to the
buyer at the time of the respective purchase.Cash memo
contains all details about that physical substance like its
date of manufacture,date,quantity,price the dealer and the
address of the dealer.Cash memo also fill statauory
requirements.
| Is This Answer Correct ? | 114 Yes | 24 No |
Answer / tani onu
A document given by the seller to the buyer for cash sales of
assets or goods is termed as "cash memo"
it contains all the details about the goods purchased or sold
for example there date of sales or purchases,price , dealer's
address, etc.
| Is This Answer Correct ? | 43 Yes | 15 No |
Answer / lavya gulati
cash memo is a written document that seller gives it to the
buyer at the time of the respective purchase.Cash memo
contains all details about that physical substance like its
date of manufacture,date,quantity,price the dealer and the
address of the dealer.Cash memo also fill statauory
requirements.
| Is This Answer Correct ? | 24 Yes | 9 No |
Answer / kamala murali
cash memo is a document that a seller passes to a buyer at the time of a specific purchase of goods or services. It is the equivalent of an invoice and is only used to record transactions that are paid for using cash, rather than bank transactions or checks.
| Is This Answer Correct ? | 14 Yes | 7 No |
Answer / pranam mazumdar
Cash memo is prepared by the seller when he sells goods against cash.It has details of goods sold,quantity,rate of each item and the total amount received,besides the date of transaction and other terms and conditions,if any.It is an evidence for the purchaser for, goods purchased against cash.and for the enterprise,it is an evidence of sales for cash.
| Is This Answer Correct ? | 6 Yes | 1 No |
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