I have purchased professional product and retail products of salon which i used to give services like facial and other services for professional product and retail products for selling and now the profeesional stock consumed and i have to remove this stock from my books. I can remove this stock by passing sale entry if i do so than cash increases and if i show stock transfer entry in tally then shows loss. Kindly suggest me what to do.
basically these items should not be disclosed as purchase of stock.
these products are to be consumed while providing the service to the customers. so these items can be shown as consumables
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
