What is stock transfer? for ex: if i purchase a product in
chennai and i tranfer it to our branch which is in
bangalore. shall the blr office can bill the product to
their customer in blr.(purchse frm chennai and bill in blr
office is possible?
Answers were Sorted based on User's Feedback
Answer / vikash verma
Stock transfer means transfer of stock/goods from one unit
of the concern to its another unit. e.g. A steel trading
concern based in chennai transfers 1000 MT steel sheets to
its secunderabad branch can be understood as stock transfer.
In the above case it is possible to purchase from chennai
and bill in banglore. For that purpose stock should be
transferred through a tax invoice from chennai to banglore.
Is This Answer Correct ? | 23 Yes | 7 No |
Answer / alkesh b. kukadiya
Stock transfer means trasfer of goods/stock from one
unit/branch to another.
ya banglore office can raise bill in the name of his
customer provided that chennai office transfer stock to
banglore office by issuing tax invoice.
so, in brief, if one unit issue tax bill to another unit
for stock transfer then another unit can raise bill on his
customer while selling the same goods.
Is This Answer Correct ? | 8 Yes | 2 No |
Answer / senthil kumar
chennai office will bill to you. and you need to pay for
that. once you transfer that good to banglore office and
sold to your customer banglore office has raise the bill.
Is This Answer Correct ? | 9 Yes | 4 No |
Answer / harish
Stock transfer indicates transfer of stock between branches of
a concern. Definitely possible, provided the previous must be
an inter-branch sale.
Is This Answer Correct ? | 2 Yes | 7 No |
how to create a profit and loss a/c
Short Answer on ___________Fixed capital
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
What is Bank Reconcilation statement?
Expand---------BCDE
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
how to prepare HSD statements in tally
Being BE student why you want to join bank?
0 Answers Banking, IBPS, Insurance,
genpact uk based shift timings? and R2R job profile?
bill to addres? ship to addres? rimit to address?
Why profit is a liability and loss is an assets
20 Answers Banesco Seguros, FactSet Systems, IIM, South Indian Bank,