Stock transfer account entries
During my stock transfer between one plant to another plant . At the time of PGI what are accounting documents will get generate and During the time of Excise invoice what are accounting documents will get generate
Pankaj Mahajan replied
When the goods are stock transferred from one plant to another,
Stock A/c Dr (Receiving Plant)
to Stock A/c Cr (Delivering Plant)
During excise invoice accounting entries are generated same as normal sales excise entries.
Excise Duty Pais Dr
To Excise Duty Payable Cr.