Hi
Our Company has three different sales point based in Saskatchewan, Manitoba and Alberta but we only do single Financial Statement for all sales center. But inventory account set up separately for three different locations and they maintain local sales and purchase book. If we want to transfer the inventory from one location to another what would be the Journal entries in Sage Business Vision system.
In my understand only Inventory Wearehouse transfer would good enough and no Journal entries are required as it does not have any impact on our Financial Statement as per the Company structure as singly entity.
Please let me know if any journal entries required for local sales and purchase book.
Thanks
R
Our Company has three different sales point based in Saskatchewan, Manitoba and Alberta but we only do single Financial Statement for all sales center. But inventory account set up separately for three different locations and they maintain local sales and purchase book. If we want to transfer the inventory from one location to another what would be the Journal entries in Sage Business Vision system.
In my understand only Inventory Wearehouse transfer would good enough and no Journal entries are required as it does not have any impact on our Financial Statement as per the Company structure as singly entity.
Please let me know if any journal entries required for local sales and purchase book.
Thanks
R