Zen Posted September 12, 2008 Share Posted September 12, 2008 Hi I need the help from some Accounting Guru or people with experience with the concept of selling on consignment in Thailand. To me, "Consignment" simply means placing my products in a shop and what ever is being sold I will issue a Tax Invoice for the items sold. But seems like in Thailand people are telling me that I have to issue Tax Invoice on ALL the goods that I put in that shop on consignment. And whatever is being sold, I will issue a "Tax Receipt" for those items sold. There's no mention of "Credit Note". If I issue the Tax Invoice for all the goods, that means I have to pay VAT even though the goods are not sold yet. How does it work? Anyone can share some experience with me please? Link to comment Share on other sites More sharing options...
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