on 11-08-2008 9:42 AM
Hi
Why is there an invoice if free of charge?
Please help by explaining wether that is correct or not?
Thanks
Prathima
Dear Prathima,
Even though itis free of charge to the customer but it is a cost to the company so it should get reflect in the accounting, to reflect in the accounting invoice will be needed.
I hope this will help you,
Regards,
Murali.
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Dear Prathima,
Though it is free of charge Excise duties are applicable on it so we need to create Excise invoice also and at the time of Dispatch of that material, with out bill how the transportor will accept that material.
because all these problem we need to create invoice of zero amount.
Regards,
Rahul
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