Sir,
We have a one home appliances showroom in a center part of a city and have a godown near 10km from showroom. In showroom we don't have stock, only display items are there.
In this situation we make a bill for the item washing machine to a customer then we make a one stock transfer entry from godown to our showroom with out no physical transfer of item and make a bill and hand over to customer . Then the godown keeper take a copy of the bill and delivered to customer place.
This is procedure is correct or not.
regards
R.Annamalaimurali
CAclubindia
