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How to enter consignment a/cs in tally

Others 1483 views 1 replies

The concern i work is into trading of goods which are partly sent on consignment to different cities in india & partly local sales.

We are using tally 9. I want to learn journal entries of consignment sales using tally.

I request the members of this club to provide me with journal entries using tally along with ledger creation ( groups under which accounts like consignmen a/cs to be taken).

I also want the sales tax treatment of consignment sales.

I referred to b.s.raman & shukla & grewal text books but couldn't do the entries in Tally.

please kindly provide me a solution.

Replies (1)
I do agree with Mr. shailesh agarwal. treat the consignment a seperate unit. prepare a consignment a/c using a group company as u have done in graduation. for this create necessary accounts as required. and in another group company post the local sales. then merge the consignment profit to the main business and do the necessary adjustment entries in the main company


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