Please Help: Export Sales
Posted Date : 04-Jul-2013 , 04:05:53 pm | Posted By CASANSAAR
Dear All,
This is the case of exporter- One of our client record Export sales after received Bill of Leading (i.e. first dispatched the good from office premises and after loading on ship, B.L. will received and sales will booked.) this process of booking of sales has been followed whole of the year.
In the march 2013, some of goods purchased and dispatched from office premises but B.L received in April. Whether sales booked on March or April?
This is the case of exporter- One of our client record Export sales after received Bill of Leading (i.e. first dispatched the good from office premises and after loading on ship, B.L. will received and sales will booked.) this process of booking of sales has been followed whole of the year.
In the march 2013, some of goods purchased and dispatched from office premises but B.L received in April. Whether sales booked on March or April?
Category : Accounts | Answers : 1 | Comments : 1 | Hits : 167
Answers
Answer By: Vikash Kumar Jha
To the extent of My Knowledge, Evidence required to prove products are exported ... Delivery evidence , for example, bill of lading showing export by sea, air waybill for export via air. Thus it should be accounted in April
Comments
sanjay
09-Jul-2013 , 03:25:41 pmYa, I agree with Vikash Kumar Jha