I WANT TO KNOW, CAN WE ISSUE DEBIT NOTE OR CREDIT NOTE
AGAINST STOCK TRANSFER , IF WE ISSUE OR NOT ISSUED THENY
WHY PLZ EXPLAIN
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
For Stock Transfer from one branch to another or from
Principal to Agent or Consignee, 'Stock Transfer Note" needs
to be issued and not Debit or Credit Note. In case of Stock
Transfer, there will not be any transactions between
different entities resulting in transfer of property in the
goods and hence the transaction will not result in any
financial obligation or right between the transfer and the
Stock Transfer can reflect Cost of goods or in case each
branch is treated as a profit centre, the value can be
Cost+profit, as per the policy of the company.
|Is This Answer Correct ?||6 Yes||1 No|
Answer / singhtalwinder_0007
as well as i can understand that debit note or credit not
may be issued.
|Is This Answer Correct ?||7 Yes||4 No|
Explain what is liabilities and what all does include in current liabilities?
What and How to compute an unsecured balances?
Why we do depreciation?What is the main object of Depreciation?
WHAT IS DEPRICIATION?
what is account opening and account closing??
A firm pays commission to its manager @10%on profits arrived at after charging such commission.What will be the amount of commission if the profits before charging such commission is Rupee 22,000?
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
How use Budget in SAP, i want to see the report of variant between budget and actuals.
What is an operative accounts?
What do you mean by depreciation?
When a business man take his net profit from his firm, how will make the entry in cash book?
Do you know balancing in accounting?