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Issue ID: 106920
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maintaining RG 23d no.

Date 17 Jun 2014
Replies 6 Replies
Views 4880 Views
Asked by
Register numbering practice: closing stock entries are carried forward while serial numbers restart for the new financial year.
Page numbers and entry serial numbers in RG 23D are restarted from Serial No. 1 for the new financial year for new entries, while closing stock entries retain their original register and entry numbers and are carried forward as opening balances. For dealer invoices referencing carried-forward stock, the original page and entry numbers are used; new invoices and new credit entries in the new year use the restarted serial numbering. (AI Summary)

While maintaining RG 23d register for the new financial year (April). what is the RG number for March ending closing stock? (should we change the old number?), & what for new entries? pls suggest immediately..

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