pawan tewari ( ) (544 Points)
04 February 2013The issue is:-
An entity receives goods on consigment basis.The invoice on sale is raised by consigner in name of purchasing party,in the same invoice commission on sale to consignee is shown and net amt to be paid by consignee to consigner.
How shall i proceed in tally such that i can have stock details,commission entry, consigner's details etc........
Natesh Navada
(Chartered Accountant)
(149 Points)
Replied 05 February 2013
If you have enabled inventory in tally, you can maintain it by keeping different locations and godowns.
Commission entries can be passed as an accounting voucher.
CAclubindia
