Process: Inter Company Stock Transfer-PI & PEL Contd.

Plant Receiving Plant Receiving Plant Delivering Plant Delivering

Issue Stock Transfer Order Receive Stock Transfer Order Create Sales Order w.r.t. S.T.O. Outbound Delivery Material Issue w.r.t. outbound delivery

COGS A/c Dr To Inventory A/c Cr

Material Doc. generated

Stock In Transit Transportation Costs Stock received

Receive Goods Receipt Confirmation Inter Company Billing Issue Invoice Customer A/c Dr To Sales A/c

Quantity verification with ref to STO Goods Rec. A/c Dr To GR/IR A/c Material Doc. generated Receive Invoice GR/IR A/c Dr To Vendor A/c Material Doc. generated

Issue Goods Receipt

Invoice Verification Vendor A/c Dr To Bank A/c Bank A/c Dr To Customer A/c

Payment Issue

Payment Receipt