17 September 2013
thanks for reply i know that but we are using sap but we didn't do any thing like that in our p&l.we are not following traditional method of p&l.direct consumption will debit in our p&l.so can you explain broadly about this.
17 September 2013
Increase or decrease in stock will be calculated on the finished goods only.
what ever you are doing consumption debit is only or raw material, stores & spares consumptions, it will not considered as increase or decrease in stock
CAclubindia
