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Branch account (account entry )

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(Querist)
26 June 2013 how to made sale, purchase transaction or entry between branchs
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
26 June 2013 If there is a transaction between HO and Branch, it cannot be regarded as sale or purchase.
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nitin

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nitin (Querist)
26 June 2013 if transaction between branch to branch (not involved head office)& what about tax i.t VAT.



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Rupesh Jain

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Rupesh Jain (Expert)
26 June 2013 if with in state then no tax is applicable
if co have single va number in state.
other wise vat charge on every sale.

if out of state then you can send goods against Form F
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nitin

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nitin (Querist)
27 June 2013 how to make P&L & balance sheet (is it seperate as per branch wise or combine)

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