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Is Inventory Movement Module included in e-invoices categories? For example IBT, IDT, Write off, stock adjustment.
Currently, e-Invoice is only applicable to transactions between Suppliers and Buyers, and no special provisions exist for Interbranch Transfer (IBT), write-off, or stock adjustment (i.e, all internal transactions). However, if third parties are involved in transactions, such as Inter-Distributor Transfer (IDT) or write-off under a Principal Account, an e-Invoice must be raised for such “Claims”. Under normal circumstances, Harrisons have to use an Inventory Movement Journal, and debit the Claims Account to issue out the Inventory. To claim the Principal, Harrisons shall then issue a Non-Product Invoice by debiting the Principal and off-setting the previous Claims Account.