Kacha Arthtiya Commission Sales
1. Commission Sales made by a Kacha Arhtiya should be shown at S.No. 9(b) of Form VAT-15.
2. Make a Group namely 'K. Arhtiya Customers' & attach this group
with all those parties to whom commission sales have been made.
3. Accounting entries should be entered in Transaction Type 'S'. You
may optionally print these entries in regular Journal. Book Code in
Transaction Type should be 'S'.
Accounting entry may be passed as under : -
|
A/c Head
|
Debit
|
Credit
|
|
Customer : PUNSUP - Sultanpur
|
22500.00
|
|
|
Zimindar : Jagir Singh
|
|
22000.00
|
|
Commission A/c
|
|
500.00
|
4. A list showing Commission Sale made by Kacha Arhtiya should be
printed and attached with Form VAT-15. This list may be printed by
double clicking the value of Commission Sales as shown at S.No. 9(b)
of Form VAT-15.
