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Former Member
Jun 27, 2012 at 10:18 AM

Purchase Entry in case of trading

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Dear All,

Thanks for the extensive support.

We are a manufacturing unit. We have all the things implemented as per the manufacturing process.

Now we have a situation where we have got one product where we purchase the product and sale the same (like in trade business).

As we have all the scenarios implemented as per the manufacturing unit. We are a bit confused how to treat this type of purchase and sale.

Could any one please tell me the entries generated in this case during the purchase and sale so that we can create the same in our system.

Regards

Om Prakash Gupta