Accounting for free of cost supply of machinery

Discussion in 'A/c entries' started by roma, Mar 4, 2014.

  1. roma

    roma Member

    our company needs to send machinery on FOC basis to maharashtra. so please guide for: 1. accounting entries to be passed. (point to be noted- it is not to be invoiced) 2. if on DC through it is sent, tally will show like sales bills to make in TB. To clear of this msg, we have to raise invoice on party which is not possible. because it is on free of cost.

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