banner_ad

Carriage expenses incurred to transfer

453 views 5 replies
carriage expenses incurred to transfer the goods from. production house to company store is recorded in which account trading account or in manufacturing account??
Replies (5)
Added to manufacturing account.

I'm doin the same work for Aditya Birla Fashions and I transfer anything I want to. It's called as STO (stock transfer order) when I check quantity,. Price and gst. It's also called as delivery challan if the transfer is within states. I do lots of funky stuff for good wage. 

Carriage onwards is free and outwards is an expense. I don't pay for transpoter I'd becIse it's an operating expense according to my job profile, but bringing it to sale is cost of inventory but seelings costs are not my expenses. AS 2.7 suggests Purchases inward is an inventory cost. But you people who ask questions here are so vague that we can't help you at the caclub. 

We want to know what is your query

Your transaction

Details

so that you u will get accurate answers. I never blamed anyone, but hey MBA and B.Com doubts are awkward and half knowledged. 

Charges paid to ship the finished goods to the company store from its factory!

Withing city and state it's called delivary challan. Out of state transfer it's called STO. Nothing makes a difference,  You have generate invoices and produce e-way bills by filing them. Transport charges are admin selling and distribution expenses. I'm working on Delhi for right now dealing with warehouse management. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

M/s G.K. Choksi & Co.

New Delhi

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details