Bill of material in Tally to Manufacturing concern
Size: 575.15 KB
Language: en
Added: Jul 09, 2015
Slides: 12 pages
Slide Content
BY
SUBBU PULLELA
BILL OF MATERIAL
ABillofMaterialsisalistofconstituentitemsalong
withquantitydetailsthatcanbeallottedforthemanufacture
ofacertainproduct,by-productorlikewise.Thisfacilitates
immediatereductioninstockoftheitemautomatically.This
processoflistingtheitemsthatmakeupanotheritemismade
possibleinTallybyenablingtheBillofMaterialsFacility.
BillofMaterial(BoM)iscreatedonlyforthoseitems
thatarebeingassembledin-house.Therefore,youneedto
specifyaBoMatthetimeofcreatingaStockItemorwhile
alteringthestockitem.Fortradingitems,youdonotneeda
BoM.
Activating Features:
Gateway of Tally
Inventory Info
Stock Item
Create
F12
All Components List Details (Bill of Materials) –Yes
CreatingBillofMaterial
BoMiscreatedonlyforthoseitemsthatarebeing
assembledin-house,Fortradingitem.WedonotneedBoM.
ThereforeweneedtospecifyBoMatthetimeofcreatingaStock
ItemorwhenalteringitsMaster.
LetuscreateanewStockItemPENandspecifyBoM.
Gateway of Tally
Inventory Info
Stock Item
Create
In this field mention the quantity of Raw Material required to
manufacture the finished goods.
Observe to create 1 PEN we require 3 Different inputs. The
Quantity of inputs consumed to manufacturer finished goods is 1
each of 3 different inputs.
Specifyotherrequireddetailsinthestockitemmasterandaccept
thescreen.
Ifyouareinvolvedinthemanufacturingprocessinwhichraw
materialsareconsumedandfinishedgoodsareproduced,then
youcanalterStockJournalvoucherorcreateaManufacturing
JournalVoucher.
Altering Stock Journal for the Purpose of BOM:
Gateway of Tally
Accounts Info / Inventory Info
Voucher Types
Alter
Stock JournalUse as a Manufacturing Journal -Yes
Gateway of Tally
Create
Creating Manufacturing journal:
OR
Accounts Info / Inventory Info
Voucher Types
Creating Manufacturing journal:
Report:
Gateway of Tally
Stock Summary
F 12
Show Opening Balance –Yes
Show Goods Inward –Yes
Show Goods Outward –Yes
Show Closing Balance –Yes
In addition to Stock Summery also check Balance Sheet
and Profit & Loss Account
FORANY ASSISTANCE MAIL US ON [email protected]
You can follow us on
www.facebook.com/theworldofaccounting