Kollipara sundaraiah asked 5 years ago
Turnover below 40 lacs.
Turnover below 40 lakhs.
Sir,
A small business person turnover below 40 lakh in a financial year.
My doubt which type of accounting books maintained
1. If he is a person registered in gst
2. If he is a person not registered in gst.
1 Answers
CA Venu Gopal Gella answered 5 years ago
whether registered or not
a) use an accounting software preferably tally easy to maintain
b) Follow accrual method, proper control on income and expenses
