The main problem is that if something come for repairing it increase the stock for one period and decrease the R and M for that period. And when after 4 months when goods are received after repairing it disturbs the R and M expense in another period. And this also disturbs the valuation of the material.
Any one can suggest how to deal with the repairs done to materials without affecting the valuation price of original material.
my points is how everyone in india is dealing with goods sent for repairs outside their company.
what all entries are generated from first receipt of goods in company till good sent for consumption after received from vendor who repaired the goods.
all a/c and mm entries