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Former Member
Mar 17, 2009 at 05:31 AM

Suggestion Required

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Dear All,

we are implementing for Enginnering Constrcution company.

Example: Power plant errection

For my client materials will be provided by his client at the starting of the project itself.our client keeping stock in seperate storage location (client storage location) and issuing the stock as per the scheduled errection process,just our client is doing service, the thing is that even though material belongs to his client all the materials should be taken care by our client. for monitoring the stock and consumption of the stock our client wants maintain the stock in his system and asloissue the stock from the system,

1) how can i handle this situation ( this is not a valuated stock)

2) how can i do the accountability in the system

3) is there any audit problem by maintaining the stock as nonvaluated and issueing from his system.

Please suggest me

Regards

venu gopal