how long we keep invoices for recivables and there is any
neccesary to keep delivery challans
Answer Posted / karthikeyan b
YES IT IS NEEDED. RECEIVABLES IS NOTHING BUT COLLECTION
NEED TO BE REALISED BY CUSTOMERS. IT IS NECESSARY TO
MAINTAIN PROPER RECORD FOR RECEIVABLES TO TRACE OUT THE
PERSONS WHO HAVE NOT PAID. DELIVERY CHALLAN NEEDED TO BE
PRESERVED BECAUSE IT IS PREPARE FOR CONFIRMATION OF
CUSTOMERS ORDER. IT HELP FOR FINDING CORRECT ORDER NUMBER
WHAT STOCK ITEM IS QUOTED. IT HELPS FOR ORDER CANCELLATION
ALSO. IF ANY STOCK IS REJECTED BY WAY OF REJECTION, THIS
HELPS TO FIND WHICH ORDER NUMBER IS CANCELLED.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
What is the use of form D in sale tax
Under what type of account do the unearned revenues fall?
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
Explain me scrap value in accounting?
What is the journal entry of building rent and TDs payment?
Were i have to enter for agreements in tally and in which ledger it will come
How use Budget in SAP, i want to see the report of variant between budget and actuals.
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
How to pass VAT retention entry on computer and Furniture
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
What are the 4 principles of gaap?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive
What does the investment of personal assets by the owner will do?
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.