my query is regarding difference in physical stock of raw material with RG 23 A PART I , if issue of raw material is made on the basis of standard ratio of industries , but actual consuption of material is may differ from standard ratio , due to this physical stock may increased , please suggest how to treat excess physical stock
27 July 2011
Take back into RG 23A PART I stock register.. what stock you are excess issued to production. Take a Internal Memo from production Manager, mention.. proper reasons for production variance...
CAclubindia
