DEAR ALL
PLEASE HELP ME ...
MY ? IS THAT IF I SEND MY FINISHED GOODS FOR JOBWORK THAN WHAT IS THE EFFECT ON RG1 AND HOW CAN I MATAIN JOBWORK REGISTER
PLEASE RPLY
gopal gaud (student) (32 Points)
17 November 2012DEAR ALL
PLEASE HELP ME ...
MY ? IS THAT IF I SEND MY FINISHED GOODS FOR JOBWORK THAN WHAT IS THE EFFECT ON RG1 AND HOW CAN I MATAIN JOBWORK REGISTER
PLEASE RPLY
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 17 November 2012
RG-1 register is meant for accounting of manufacture / clearance and stock of finished goods ready for clearance/sale. so if any job work needed for items before sale it would not get recorded under RG-1 unless its ready for sale.
send your goods under semi finish condition for job work and then on return, account the same in RG-1 ( DSA)