India Self billing or invoicing


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Dear all,

when I purchase something , if the supplier can't give me a bill for that , can I prepare my own bills with the approval of concerned authority in my company. Does that self billing has any validity in auditing or it is meaningful to file such a document?
 
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kirby

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Yes, it is OK to enter your own bill. Otherwise there is no record of the transaction. Just prepare a backup document that the supplier would not give you a bill and attach any related correspondence to support it.
 

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