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Consumption

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2013 Hello,

As our company want to finalize the accounts for the year. We have an query regarding consumption, as which consumption must be considered for finalization, is it material issued consumption or else it is the sales consumption?

Please kindly give us the exact meaning for consumption.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
08 September 2013 Consumption basically consumption of materials and any other consumable like packing materials etc.

under sale there is no consumption
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