banner_ad

Treatment of branch transfers

Accounting Entries 697 views 1 replies

one of our clients is in rice business, they purchase paddy directly from the farmers through various offices opened in different mandies and then transfer it to the factory ( H.O.)through transfer challans , my question is how to treat the shortage of material received from branch to head office . pls explain

Replies (1)

Dear

Controlling should start from inward stage viz., desitnation tobe mentioned in theri inward chalans and copy to be forwarded to you. On the contrary shortage to be accounted to the individual destinations.

For example if ou received 10 bags from say "Tanjore" your inward chalan should have the reference as "xyz/Tanj/001-12/13 dt:  so that picking the orgin and checking the qty is easy. Sending all the Orginalor Copy of all inward chalans to H O is a must to corelate.


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
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details