Is it mandatory to show our "cfa" stocks in our a/c books?

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Execution Executive
30 Points Posted on 26 August 2015

Hi Everyone,

  1. Should we have to show our CONSIGNMENT AGENT (FOREIGN CUSTOMER) stocks in our A/c Books?
  2. Shoule these stocks to be shown in our Balance Sheet ?

If yes, kindly guide me how to show them in TALLY ERP?

Present we have created our own storage locatioin and foreign customer storage location in tally erp. But, what is the procedure to transfer them from one location to another location.

Thanks!

Bhaskar

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On 26 August 2015 at 17:38 Report
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Master in Accounts & high court Advocate
7026 Points Posted on 01 September 2015

Closing stock must show seperately consignment stock account and own stock accounts.

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On 01 September 2015 at 15:47

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