Month: June 2024
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Button Options in Batch Summary in TallyPrime: 2 Easy Options
The Batch Summary report in TallyPrime offers limited button functionalities compared to some other reports. Here’s a breakdown of the available buttons and their uses: 1. F2: Period Example: Analyzing Monthly Sales by Batch You want to compare the sales performance of different batches of “Shirt – Cotton” (set up with batches) for the last…
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Configure Batch Summary Report in TallyPrime: 4 Ways + Example
In TallyPrime, the Batch Summary report itself isn’t directly configurable in terms of adding or removing fields. However, you can control the information displayed through a combination of settings and report selection: 1. Enabling Batch Tracking: This is the primary prerequisite. Ensure “Maintain Batches” is enabled in Company Features (Gateway of Tally > Accounts &…
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Viewing the Batch Summary Report in TallyPrime: 6 Easy Steps
The Batch Summary report in TallyPrime offers a comprehensive overview of the stock movement for a specific stock item, categorized by its batches. This report is beneficial for: Here’s a detailed explanation on how to view the Batch Summary report in TallyPrime with examples: 1. Prerequisites for Viewing the Batch Summary Report in TallyPrime: 1.…
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Tracking Stock Item Details Batch-Wise in TallyPrime: 2 Methods
TallyPrime allows you to track stock item details at a granular level by utilizing the batch functionality. This is beneficial for: Here’s a detailed explanation on how to track stock item details batch-wise in TallyPrime with examples: 1. Prerequisites for Tracking Stock Item Details Batch-Wise in TallyPrime: 1. Enable Batches: Ensure the “Maintain Batches” feature…
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Assign Batches to Purchased Stock Items in TallyPrime: 4 Steps
While creating a purchase voucher in TallyPrime, you can directly assign the purchased stock items to specific batches. This functionality is particularly beneficial for: Here’s a detailed explanation on assigning batches to purchased stock items with an example: 1. Prerequisites to Assign Batches to Purchased Stock Items in TallyPrime: 1. Enable Batches: Ensure the “Maintain…
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Selling Stock Items from Batches/Lots in TallyPrime: 8 Easy Steps
TallyPrime allows you to sell stock items while considering the specific batches or lots they belong to. This functionality is particularly beneficial for: Here’s a detailed explanation on selling stock items from batches or lots in TallyPrime with an example: 1. Prerequisites for Selling Stock Items from Batches or Lots in TallyPrime: 1. Enable Batches:…
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Setting Up Batches for Stock Items in TallyPrime: 7 Steps + Example
TallyPrime allows you to manage inventory with batches, which are useful for tracking specific lots or acquisitions of stock items. This functionality is particularly beneficial for: Here’s a detailed explanation on setting up batches for stock items in TallyPrime with an example: 1. Prerequisites for Setting Up Batches for Stock Items in TallyPrime: 1. Enable…
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Rate per unit: Cost Estimate report vs Manufacturing Journal in TallyPrime
The rate per unit concept in the Cost Estimates report and the Manufacturing Journal in TallyPrime serve different purposes in the production costing process. Here’s a detailed explanation with examples: 1. Cost Estimates Report in TallyPrime: 1. Example: Rate per Unit in Cost Estimates Report Cost Estimates Report: Name of Item Quantity Unit Cost Amount…
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View Cost Estimates Report in TallyPrime: 5 Options + Example
The Cost Estimates report in TallyPrime provides a breakdown of the estimated cost per unit of production for a finished good based on the Bill of Materials (BOM). This report is beneficial for: 1. Understanding Production Costs: Estimates the overall cost of manufacturing a finished good by considering the cost of raw materials included in…
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Damaged or Scrapped Stock Item Details in TallyPrime: 8 Steps
TallyPrime doesn’t offer a direct way to maintain detailed information about damaged or scrapped stock items within Bills of Materials (BOMs). However, you can achieve this using a combination of features: 1. Understanding the Options for Maintaining Damages or Scrapped Stock Items Details in TallyPrime: 1. Stock Groups: While creating stock items, you can assign…