accounting of free samples

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Priyanka Mahajan

Priyanka Mahajan (Querist)
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20 September 2010 wht should be accounting for distributing free samples of books.

hw should we treat it
plz explain

Aditya Maheshwari

Aditya Maheshwari (Expert)
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20 September 2010 reduce the stock till that extent. No accounting for the same possible.

Priyanka Mahajan

Priyanka Mahajan (Querist)
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20 September 2010 but there must b an entry na.
hw wll i reduce stock in tally

Priyanka Mahajan

Priyanka Mahajan (Querist)
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20 September 2010 hw can we see the stock report on tally. press f9 will show me report bt is there any option on the basis of which i can get detail of sales return and purchase return too

sudhakar ca cwa

sudhakar ca cwa (Expert)
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20 September 2010 transfer the whole cost to sample cost under Selling and distribution cost

Priyanka Mahajan

Priyanka Mahajan (Querist)
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20 September 2010 bt we have already taken the deduction of purcahse. will it be again allowable in selling & distribution head

Aditya Maheshwari

Aditya Maheshwari (Expert)
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20 September 2010 pass an inventory journal reduce the stock given free.

Priyanka Mahajan

Priyanka Mahajan (Querist)
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20 September 2010 plz can u tell me hw cn we show sales return and purchase return in tally stock report

sudhakar ca cwa

sudhakar ca cwa (Expert)
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20 September 2010 just reduce that amount from purchases and give it to S&D
that is suitable one.

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