STOCK IN TRANSIT ENTRY
This query is : Resolved
23 May 2011
I WANT TO KNOW THE BOOK ENTRY OF " CENTRAL PURCHASE , WHICH WE ARE PHYSICAL TAKEN IN APRIL11 INSTEAD OF MARCH DATED., THE INVOICE DATE ID MARCH 11.
" GROUP OF STOCK IN TRANSIT"
AND HOW I ENTER IN BALANCE SHEET "
THANKS
MAHESH
" GROUP OF STOCK IN TRANSIT"
AND HOW I ENTER IN BALANCE SHEET "
THANKS
MAHESH
U S Sharma
(Expert)
23 May 2011
make normal purchase entry
for stock journal make a godown "stock in transit"
on actual date of receipt of materials, make stock journal from stock in transit to stock in hand.
for stock journal make a godown "stock in transit"
on actual date of receipt of materials, make stock journal from stock in transit to stock in hand.
08 June 2011
Yes U S sharma is right
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