Entry of free to use material given

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dharmendra (Querist)
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09 June 2014 Respected,

I am accountant, i am glad to learn from you that in my company we are selling bathroom hygiene management product for which customer require material in order to use hygiene product which our company supply free to use basis so how to account it as it is not sale. Further we are branch office and our Head Office also supplying same product to us free of cost in order to serve customer.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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10 June 2014 see if this helps https://www.caclubindia.com/forum/accounting-traetment-of-free-goods-3511.asp#.U5Z2enbLMng

remember at the end of the day, you need to follow the accounting that your head office is following

dharmendra

dharmendra (Querist)
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12 June 2014 sir we are giving small machine under contract (returnable at the end of contract)(Free to use) basis, how to pass entry for such

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