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Can anybody explain ,entire process of Inter company stock
transfer,and billing
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Answer Posted / subha
Hi
iN STOCK TRANSFER WHAT HAPPENS IS THAT THE CUSTOMER
PALCES A ORDER WITH THE COMPANY AND THE COMPANY PASSES THIS
ORDR TO SOME OTHER PLANT INSTEAD OF THE REGULAR PALNT THAT
DLIVERS THE GOODS .The pricing that is used btween
companies is pi01 PALNT A BILLIS PALNT B FOR THE GOODS AN
PALNT B Delivers the goods to CUSTOMER AND BILLIS THE
PALNT A . tHE BILLING THAT IS DONE IS iv and palnt A
inturm=nbills CUSTOMER in a regular partices . BUT WHEN
WE POST THE Values in the g/l ledger for the accounting
purpose then the billing that is done by plant A to
custoemr is takes into accoutn and the otehr billig doe by
palntB TO Plant A BECOMES statistical biiling ( vprs) and
is not posted .
| Is This Answer Correct ? | 1 Yes | 7 No |
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