One of the important steps for onboarding with Eshopbox is to enroll into one of our warehouse:

 

Enrollment in a warehouse involves following two steps:

 

1. Selection of warehouse location: You need to select a warehouse you wish to get enrolled into. Currently Eshopbox has two active warehouses on below mentioned addresses. 


             ·  Eshopbox Delhi FC : Eshopbox Ecommerce Pvt. Ltd. Khasra No 26 & 27, Near fun & food village, Kapashera, New Delhi-110037. TIN no- 07286907979

             ·  eShopbox Gurgaon FC :  Eshopbox e-commerce private limited, c/o Bluedart express pvt ltd, Khasra no 5/16/2, 17, Village Behrampur, Near Subhash Chowk, Sohna Road Gurgaon Haryana - 122018 Tin no- 06181844527

 

2. Deciding the procurement model :You need to decide how will brand send inventory to Eshopbox warehouse. This could be in two ways :

  • Brand will raise a bill to Eshopbox while sending consignment of goods to Eshopbox warehouse. 
  • Brand will do additional place of business registration for Eshopbox warehouse and just do a stock transfer while sending consignments of goods. 


Procurement model and the warehouse location will impact how the transactions will be accounted in our books.  Detailed step by step accounting process in both the model is explained in respective sections. Kindly go through the same for better understanding. 

 

Following summary will help you compare pros and cons of either model and decide your preferred way of working:


Basis
Billing Model

Consignment model
Registration
No additional registrations required. Can start sending consignment of goods immediately
Need to do additional place of business registration at either of eShopbox fulfillment facility. Only possible if you have TIN number in state of Delhi or Haryana
Taxes deposit

Brand will have to deposit taxes for the entire consignment which is sent to eShopbox warehouse, even if it is not sold and brand haven't received payments.
Brand will have to deposit taxes only on the net goods sold based on actual settlement value(receivable amount)
Accounting Method

Discount credit / debit note will have to booked on monthly basis on the basis of difference in billing and settlement value of net goods sold in previous month
Brand will have to issue only Invoices based on monthly settlement value. No need to book discount credit notes.



I hope the above will help you decide your preferred model of working.