Rm v/s fg v/s wip
CA Raj Doshi (Practising CA) (8903 Points)
15 March 2016CA Raj Doshi (Practising CA) (8903 Points)
15 March 2016
Amit M Bafna
(74 Points)
Replied 15 March 2016
1.Material which are used for manufacturing the products are RM
2.Finished goods which are incomplete i.e., partial work done and further work is required to convert the same into FG are WIP.
3.Goods which are ready to remove from factory are FG.
Meetu Sinha Ray
(Sr. Manager Finance and Accounts)
(23 Points)
Replied 16 March 2016
CA Raj Doshi
(Practising CA)
(8903 Points)
Replied 16 March 2016
Live class on PF & ESI Enrollment & Returns Filing(with recording)