stock transfer his company to company what is infact?
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Question is not clear. However I assume that it's about
stock transfer.
When Raw Materials, Work-in-process or Finished goods are
transferred from one factory to another factory of the same
company, from factory to ware house located in a different
location or to a sales depot, or from one show room to
another show room or one warehouse to another warehouse of
the same company, it's called Stock Transfer. Even when a
principal sends his goods to his agent or consignee for
sale, it's considered as stock transfer.
In case of stock transfer the property in the goods are not
transferred from the consignor(transferor) to the consignee
(transferee), hence sales invoice is not required to be
prepared. Only internal stock adjustments are required to be
made in sending and receiving locations (branches).
Stock transfer is common when a company has multiple
branches/godowns/sales outlets/branches, etc.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / j b mishra
Stock transfer or material transfer from branch to other
branch is not comming under the perview of transfer of
property
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / h.r. sreepada bhagi
Mr. Mishra, there is difference between Transfer of property
in the goods & Transfer of property. The former means
transfer of ownership or title & the latter means transfer
of assets or property (usually referred to real estate).
Is This Answer Correct ? | 0 Yes | 0 No |
hi Please help me for my interview in syntel so please guiad
Is the premium amount included in the subscribed capital of the company.
what is credit managment & quqlity managment
I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....
How can i make entry of tds on salary in tally
The company has incurred Preliminary expenses. As per old Schedule VI these are to be shown under the head MISCELLANEOUS EXPENDITURE in Assets side of Balance Sheet. Now where to show these expenses under revised Scheduke VI.
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
What should be the answere when asked "tell me about your self".
what is software?
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
What is the percentage of DA to be cut from an employee salary ?
What is STP Reports
1 Answers 3i Infotech, Accel, CTS,