How should we issue a document for the payment of goodwill that we have taken and enregister it in Turkey?
Our company has a plot as share in the place where is planned to be Organized Industrial Zone. As a result of the allocation of the relevant cooperative, a payment was made to our company under the name of goodwill. How can we enregister this payment into the accounting book?
The invoice with the VAT will be issued for the goodwill amount that you have taken, and it will be stated as expense in the account of 649.
Source: İSMMMO
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