Under the GST Act, an invoice is not mandatory for transactions less than ₹200 if the recipient is unregistered and does not request an invoice. However, businesses can issue a consolidated invoice at the end of the day that summarises all small transactions. This approach not only streamli...
Ensuring that you have a payroll system that pays your company in a timely manner on a consistent basis will definitely impact your employee morale. Late and inaccurate payment is likely to cause your employees to question the financial stability of the company. This might affect the overall envi...
A GST number is also necessary to claim the input tax credit, which is the amount of GST paid on the goods or services purchased for business purposes. Input tax credit claim is likely for a GST-registered person only if the supplier has uploaded the invoice details in the GST portal and...
Zoho Books is a cloud based online accounting software which helps business owners manage their finance on a day to day basis. See all the recent updates made to the application.
You can now refund the full amount received for an invoice. This will dissociate the invoice from the payment, and the refunded amount will be created as a credit note. 15 October 2024 New Format in Currency We've added a new format to the currency where apostrophe is used as a thousands...
What is GST Invoice Format and RulesComments nilesh bhandari: On 07 March 2019 Under LC is the documents are available with ANY Bank under negotiation (41D). Advising bank is beneficiary's Bank, can beneficiary send the documents to advising Bank (his own Bank ) for negotiation of Docs ...
TDS transaction is not updated in Withholding tax transaction reports when the invoice is settled with prepayment. Tax amount showing in purchase order totals and purchase invoice totals is posted with 100 percent reverse charges. Assessable value is updated after the charge code is removed fro...
in to one container and move to Dubai, The LCL goods arrived from various locations meant for Hong Kong are loaded in to one container and arrange to move to Hong Kong, The cargo to be shipped out to Cape Town is loaded to one container. All the said procedures are with the necessary...
AND I WILL GIVE THE INVOICE COST TO THE DOMESTIC SUPPLER. I WILL RECEIVE THE FOREIGN CURRENCY EXPORT PAYMENT LATER IN MY ACCOUNT. IS IT POSSIBLE! WHAT I CAN FOLLOW THIS PROCEDURE ! COULD YOU ADVICE PLEASE... Harsh Vyas: On 15 July 2016 Hello Sir, I am just a beginner in the ...
guiding us for many queries. Sir, we are new Exporter and currently working on our first shipment. Our Buyer has asked to deliver goods in DDP Incoterms. We are agreed with that. But this being our first shipment, we & our CHA also not able to understand How to Prepare Invoice for ...