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Consignment transactions

This query is : Resolved 
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(Querist)
10 June 2013 In a consignment between two branches sales and purchase is possible ?
Suppose one branch sales goods to another branch under a same company
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 June 2013 Yes. one branch sale can be another branch purchase, this may be internal report purpose but over all the company level, this profit or sale may be eliminated
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