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All QuestionsImports Goods and its accounting entry of Supplier Invoice/s
Syed Omer Razvi asked 6 years ago

Imports Goods and its accounting entry of Supplier Invoice/s

Respected Madam,
Bahrain Co. issued purchase order to Europe Co., mentioned consignee & delivery name is Saudi Co.  Saudi Co. gets clearance and pays customs duty.
Now Saudi Co. received two invoices:
  1) Invoice of SAR 100 from Europe which we got clearance in Saudi. this Invoice mentioned the consignee name Saudi Co. & Liable Bahrain Co.
  2) Invoice of SAR 120 from Bahrain
Now, Saudi Co.  has to book invoice in accounting books which invoice can book in Saudi Co. & also please accounting entries?
Sincerely

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