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What is Third Party Stock with us option in Godown Master ? @ Tally.ERP9

Query

What is Third Party Stock with us option in Godown Master?

Answer

The option,Third Party Stock with us is provided in Godown Creation to facilitate companies in the segregation of their stock-in-hand and third parties' stock lying with them.

 

For Example: In the case of Job Work, the principal company provides its job workers with the raw material required to complete the process that it outsources. The option Third Party Stock with us can be used by the Job Worker to segregate the material received from the principal company, from his own stock.

 
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15 Chapters in Tally.ERP9 Book + 21 Chapters in GST Practical Assignment on GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

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