Entry of free to use material given
This query is : Resolved
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.
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.
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
remember at the end of the day, you need to follow the accounting that your head office is following
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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