Good morning. Please breifly explain Consignment sales and stock transfer . Then what is the difference between consignment sales , stock transfer and interstate sales.
15 November 2012
Stock transfer is used to transfer the products from one godown to another. You can also give the rate of the products transferred.or Jobwork to other company.
Trading arrangement in which a seller sends goods to a buyer or reseller who pays the seller only as and when the goods are sold. The seller remains the owner (title holder) of the goods until they are paid for in full and, after a certain period, takes back the unsold goods. Also called sale or return, or goods on consignment. See also guaranteed sale.